Analysts: The Fed may suspend policy adjustments and may cut interest rates three times next year

Odaily Odaily News: Lindsey Piegza, an economist at the investment bank Stifel, said that the Federal Reserve is about to suspend policy adjustments because recent remarks by President Waller reflect that stricter standards are taking shape in this regard. Federal Reserve officials are increasingly concerned about whether economic data exceeds expectations, rather than just focusing on strong economic performance. If the economy continues to show significant solidity next year, the Federal Reserve may face a challenging situation regarding potential interest rate cuts. I expect three more rate cuts next year to bring interest rates closer to neutral levels, reducing interest rates to 3.75% by the third quarter, which is a reasonable neutral level. As for this year, if the December data is in line with expectations, I believe the Federal Reserve will make a third round of rate cuts. (Jinshi)