Markets are shifting attention to the September meeting of the Federal Reserve after the US central bank left its interest rates unchanged on Wednesday, with analysts predicting another cut is possible this year.
The Fed's decision to leave interest rates unchanged at 3.50-3.75% this week as widely expected has done little to dispel expectations that borrowing costs could rise once more this year, say analysts, noting that persistent inflation, geopolitical risks and higher energy prices continue to cloud the policy outlook.
