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  • 18:46
    "Fed Whisperer": Most Fed officials expect no further rate cuts next year
    Jinse Finance reported that "Federal Reserve mouthpiece" Nick Timiraos stated that the Fed's forecasts highlight that future decisions may be more contentious: among the 19 participants, 7 expect no further rate cuts this year, and another 2 expect only one more rate cut. These figures indicate that, given the current expectations of strong economic activity, most officials do not anticipate additional rate cuts next year.
  • 18:46
    Powell: Inflation has risen recently and remains slightly elevated
    Jinse Finance reported that Federal Reserve Chairman Powell stated: The unemployment rate remains low, but has risen somewhat. Inflation has increased recently and remains slightly elevated. Employment growth has slowed, and downside risks to employment have increased.
  • 18:45
    Interpretation of the Fed Dot Plot: 9 Officials Expect Two More Rate Cuts This Year
    Jinse Finance reported that the Federal Reserve's dot plot shows that after the September interest rate decision, among 19 officials, 1 believes that there should be one rate hike within the year, 6 believe there should be no further rate cuts this year (compared to 2 in June), 2 believe there should be one more 25 basis point rate cut this year (compared to 8 in June), 9 believe there should be two more 25 basis point rate cuts in 2025, totaling 50 basis points (compared to 2 in June), and 1 believes there should be a 125 basis point rate cut in 2025, meaning at least two rate cuts of 50 basis points or more within the year (compared to 0 in June).
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