Fed Rate Expectations Shift as Half of Analysts Predict No Rate Moves in 2026, May 11

According to Golden Ten Data, on May 11, U.S. Federal Reserve policy expectations shifted as market analysts increasingly doubt near-term rate cuts. The Fed’s Financial Stability Report noted that private credit redemption risks remain manageable, while Fed Governor Goolsbee reiterated that all rate options remain under consideration. However, roughly half of analysts now expect the Fed to hold rates steady throughout 2026, signaling a significant contraction in rate-cut expectations.

Domestically, China’s Shanghai Stock Exchange reported that its Science and Technology Innovation Bond program accumulated 19.9 trillion yuan in issuances over four years. Hong Kong’s government also issued green bonds and infrastructure debt totaling approximately 27.6 billion Hong Kong dollars.