ChainCatcher news, the latest article written by Nick Timiraos, a famous reporter of the Wall Street Journal, known as the "Federal Reserve's mouthpiece", said that the Fed's interest rate cut plan is constantly changing, and investors generally expect a third consecutive rate cut this week. After that, officials are ready to slow down or even stop rate cuts.
Nick Timiraos said that Powell is trying to find a suitable position in the signs that the labor market is less shaky and inflation is slightly more stable than in September. Some officials have doubts about continuing to cut interest rates, and officials who strongly supported the first two rate cuts are no longer so sure.
One option this week is to cut interest rates by 25 basis points and then use new economic forecasts to strongly suggest that the central bank is ready to cut interest rates more slowly.