Commerzbank's interest rate strategist, Rainer Guntermann, highlighted in a report that upcoming U.S. inflation data will support the Federal Reserve's current wait-and-see approach. The report suggests that the impact of increased tariffs has not yet been fully realized, reinforcing the Fed's likely decision to maintain its stance during the upcoming policy meeting.
According to data from the London Stock Exchange Group (LSEG), the financial markets have already priced in expectations that the Federal Reserve will keep interest rates unchanged at the June 18 policy meeting. Current market pricing indicates a more than 50% probability of a rate cut starting in September.
