Standard Chartered: The market's expectations for the Federal Reserve are too hawkish, and it is expected to remain on hold for the rest of the year.

BlockBeats News, June 22 — Standard Chartered believes the Federal Reserve may keep interest rates unchanged within the year. Market expectations for the Federal Reserve are too hawkish. Standard Chartered believes the Federal Reserve will keep interest rates unchanged for the remainder of this year, and will truly cut rates in the second quarter of next year.

According to Standard Chartered’s half-year market outlook report for the second half of the year, the U.S. economy has performed better than expected; meanwhile, the interim agreement reached between the U.S. and Iran may push overall inflation to peak in the second quarter. The current situation is favorable for interest rates in emerging markets such as India. At present, Standard Chartered is more inclined to invest through stocks, but Standard Chartered believes that for India, the environment in the future will improve and the situation will become more stable.