CoinVoice has recently learned that, according to Jin10 data, the Federal Reserve's 'mouthpiece,' Wall Street Journal reporter Nick Timiraos commented on the Federal Reserve's interest rate decision for November, stating: 'The Federal Reserve decided to cut interest rates by 25 basis points on Thursday, but has released more uncertainty regarding the pace of future cuts. The Fed is still working to prevent the significant rate hikes of the past two and a half years from dragging down the economy. In a similar timeframe, investors in the interest rate futures market have been continuously lowering their expectations for the Fed's rate cuts over the next year or so.'
According to Citibank, they now believe that the Federal Reserve will lower interest rates to around 3.6% by 2026, while in September their estimate was a reduction to 2.8%. Officials are trying to bring interest rates back to a more 'normal' or 'neutral' level, which neither stimulates economic growth nor slows it down, but they do not know what a normal interest rate is. Policies that promote economic activity or prices will also lead officials to conclude that they should maintain a moderately restrictive interest rate stance. This means they will keep interest rates slightly above normal or neutral levels.