According to ChainCatcher, Stefanie Holtze-Jen, Asia Pacific chief investment officer of Deutsche Bank's private banking division in Singapore, said the Federal Reserve may start a rate cut cycle next week, and is expected to cut interest rates a total of 6 times in the year ending September 2025, which is less than the approximately 9 times priced by traders. In addition, the European lender warned that mispricing of the Fed's rate cut prospects could trigger a round of market volatility. (Jinshi)