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The institution's Chief Interest Rate Strategist Andrew Lilly stated: "We believe the central bank has completed its rate hike cycle, but they wish to keep the possibility of another rate hike in August within consideration."

They stated: "Therefore, everyone's attention will be focused on Kevin Walsh, watching his personal views on interest rates and the country's economy, as well as any possible changes he may make to traditional practices." They added that even if Walsh joins the more dovish camp of the Federal Open Market Committee, the distribution of individual interest rate forecasts may still be higher than in March.

Chief Economist Samy Chaar and Head of Investment Strategy Luca Bindelli stated in a research report that their baseline scenario remains that around half of the reserves will be restored within the coming weeks, which should be enough to avoid further disruptive shortages. They expect Brent crude oil to average $90 per barrel over the six months since the conflict began, and $78 per barrel over the twelve-month period. They said that continued easing of tensions in the Middle East will create conditions for an expansion of the equity market rally, while the decline in inflation expectations should improve the outlook for bond returns. Lombard Odier maintains its overweight position in equities through emerging market stocks and holds a neutral view on fixed income assets.