Standard Chartered Bank: The Fed may have no interest rate cuts next year, while China may cut reserve requirements and interest rates once.

According to Mars Finance, citing Jinshi, Ding Shuang, Chief Economist for Greater China and North Asia at Standard Chartered Bank, stated at a conference that considering the accelerating GDP growth and persistent inflationary pressures in the United States, the Federal Reserve may not cut interest rates again next year. He predicts that China will cut the reserve requirement ratio and interest rates once each in the first and second quarters of next year, respectively, but will rely more on other monetary policy tools to maintain ample liquidity in the future, with the central bank's role in buying and selling government bonds becoming increasingly important.