Golden Finance reports that Ed Yardeni, president of Yardeni Research and Wall Street strategist, stated that there is a general expectation that the Federal Reserve will cut interest rates by 25 basis points this week, but this may be a bad idea. Although the market generally expects that the rate cuts will decrease thereafter, Yardeni pointed out that the recent strong economic data, coupled with continuous GDP growth, a robust labor market, and record highs in stocks, gold, and Bitcoin, indicate that continuing to cut rates may not be the best decision. He noted that the inflation rate is still above the Federal Reserve's target of 2%. While the Federal Reserve hinted that it might pause the rate-cutting cycle in January next year, Yardeni believes this action may come too late.