$ANZ Group Holdings Ltd (ANZ.AU)$ , one of the major banking...

$ANZ Group Holdings Ltd(ANZ.AU)$ , one of the major banking institutions, anticipates that the Federal Open Market Committee (FOMC) will maintain the status quo regarding interest rates. However, ANZ also conjectures that there could be a noticeable upward revision in the Fed's dot plot. This adjustment would signify a change in the FOMC's outlook, possibly indicating tighter future monetary conditions. Additionally, ANZ expects the Fed to initiate discussions on Quantitative Tightening (QT), a process of reducing the central bank's balance sheet, which could have significant ramifications for the financial markets.