ChainCatcher news, according to Jinshi reports, Crédit Agricole Bank expects the Federal Reserve to adopt a hawkish rate cut policy, and the bank may "open the door for pausing further rate cuts, but the duration of the pause is uncertain."
In addition, Jim Baird, Chief Investment Officer of Plante Moran Financial Advisors, stated that any factors leading to market expectations that the Federal Reserve's pace of rate cuts may be slower than investors expect could provide some downside potential for the stock market.