🤑 The Federal Reserve’s balance sheet increased by $18,527,000,000 in one week!

▪️Market expectations for (the Fed rate):
- PAUSE until December 2027.

▪️Дэйли, Chair of the Federal Reserve:
- Fundamental indicators are in good shape.
- The key question is how long oil prices will remain high and how the conflict with Iran will end.
- It is still too early to assess the impact of geopolitics on the economy.
- If oil prices fall, a rate cut cannot be ruled out.

▪️JPMorgan:
- Inflation risks and rising oil prices may keep the Fed rate at a high level for longer.

▪️UBS:
- Expectations for a Fed rate cut are being pushed to a later date.
- Base scenario: rate reduction not earlier than the second half of (September–December).

Earlier: minutes from the protocol of the previous Federal Reserve meeting