According to BlockBeats news, on December 1, Minsheng Securities stated that the probability of the Federal Reserve pausing interest rate cuts next year has increased. The unemployment rate remains low, and inflation is hindered from declining, so the Federal Reserve may cut rates 2 to 3 more times next year and may pause cuts in the second half of the year.

In low-probability scenarios, excessively aggressive tariff and immigration policies may lead to a decline in U.S. stocks and a significant slowdown in the U.S. economy. Therefore, there may be more interest rate cuts next year. (Jin Shi)