The Federal Reserve cut interest rates by 25 basis points at its meeting, and may only cut interest rates twice next year

According to Jin10 Data, Peter Cardillo, chief market economist at Spartan Capital Securities, said that the Federal Reserve's 25 basis point interest rate cut at the meeting suggested that there would only be two interest rate cuts next year and that the rate cuts might be suspended in January.

The market is now turning to the downside as the pace of rate cuts slows and a pause is coming. The Fed is considering the uncertainty of inflation.