Teaser: Fed March Meeting Minutes to Be Released Tonight, Market Interest Rate Expectations under Turbulence from US-Iran Conflict Will Be a Key Focus

BlockBeats News, April 8th, Beijing time, Thursday at 2 am, the Fed will release the minutes of the March meeting. It is worth noting that the March interest rate meeting was held against the backdrop of continuously escalating geopolitical risks in the Middle East. These minutes will reveal how officials weighed these risks before the latest round of escalation and how much reference value their thinking at the time still holds.

Since the Iran war broke out on February 28th, borrowing costs have been rising all the way, and the market has been under tremendous pressure, making the financial environment substantially tighter even without any policy action by the Fed.

The market's expected interest rate trajectory will also be a focus of attention. At the March meeting, the market still expected the Fed to cut interest rates later this year. Although this view has not been completely extinguished, it has become increasingly precarious. Higher oil prices and a tighter financial environment make it increasingly difficult for the Fed to find excuses for easing. The meeting may also discuss what factors would force officials to consider raising rates again, which will definitely whet investors' appetite. (Jinse)