Gary Pzegeo, Chief Investment Officer of Private Wealth at CIBC US, stated that the Federal Reserve may hold steady due to Waller's firm stance on price stability and a batch of weak data (CPI and nonfarm payrolls). This aligns with market sentiment. “Interest rate futures point to a pause at the July meeting,” Pzegeo said, “but expectations for a rate hike in September have been rising. Given the current geopolitical context, there is still a long way to go until September 16, and the Federal

Gary Pzegeo, Chief Investment Officer of Private Wealth at CIBC US, stated that the Federal Reserve may hold steady due to Waller's firm stance on price stability and a batch of weak data (CPI and nonfarm payrolls). This aligns with market sentiment. “Interest rate futures point to a pause at the July meeting,” Pzegeo said, “but expectations for a rate hike in September have been rising. Given the current geopolitical context, there is still a long way to go until September 16, and the Federal

智通财经2026/07/29 10:21

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The Chief Investment Officer of Private Wealth US at the Canadian Imperial Bank of Commerce, Gary Pzegeo, stated that Waller’s firm remarks on price stability and a batch of weak data (CPI and non-farm payrolls) may be enough for the Federal Reserve to keep rates unchanged. This aligns with market sentiment. "Interest rate futures point to no change at the July meeting," Pzegeo said, "but expectations for a rate cut in September have been rising. Given the current geopolitical context, there is still a long time until September, and the Federal Reserve will have more data to process from now until September 16."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

You may also like

Crypto prices