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

According to Jinshi Data, the Federal Reserve cut interest rates by 25 basis points at its meeting. The Fed's dot plot suggests that there will only be two interest rate cuts next year and that it may suspend interest rate cuts in January.

Peter Cardillo, chief market economist at Spartan Capital Securities, said the market is now turning downward because the pace of rate cuts has slowed and a pause in rate cuts is coming. The Federal Reserve is considering the uncertainty of inflation.