【Analyst: The Federal Reserve May Pause Policy Adjustments with Three Rate Cuts Expected Next Year】Golden Finance reports that Stifel economist Lindsey Piegza stated that the Federal Reserve is about to pause policy adjustments, as recent comments from Chairman Waller reflect that stricter standards are taking shape in this regard. Federal Reserve officials are increasingly focused on whether economic data exceeds expectations, rather than just on strong economic performance. If the economy continues to show significant stability next year, the Federal Reserve may face challenges regarding potential rate cuts. I expect three more rate cuts next year, bringing rates closer to a neutral level, with rates lowered to 3.75% by the third quarter, which is a reasonable neutral level. As for this year, if December's data meets expectations, I believe the Federal Reserve will implement a third round of rate cuts.