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HSBC: Fed to Keep Rates Unchanged Over Next Two Years
Mars Finance reports that HSBC stated the Federal Reserve kept its policy interest rate unchanged at 3.5% - 3.75% during the March meeting and hinted at a “wait-and-see” approach. Persistent inflation and rising geopolitical risks create uncertainty for the Fed. HSBC expects the Federal Reserve to keep rates steady in 2026 and 2027.