New Wen Investment maintains expectations for the Federal Reserve to cut interest rates, while oil prices surge, making it difficult to change the policy path in the short term

According to Jinshi News, Saira Malik from Nuveen Investments stated in a research report that the broad impact of the U.S.-Israel attacks on Iran remains to be seen. He believes that global markets may experience more volatility, and its far-reaching effects will become clearer over time.

Although the surge in oil prices may drive up inflation, Malik expects this will not affect the Federal Reserve's policy in the short term. He maintains his forecast of two rate cuts by the Federal Reserve this year and believes that the 10-year U.S. Treasury yield will fluctuate around the 4% range.

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