CoinVoice has learned that, according to Jin Ten reports, Chief Economist Cheng Shi from ICBC International stated at the 2025 China Chief Economist Forum that the path for U.S. monetary policy adjustment in 2025 will be a "first urgent, then gradual" process. Currently, it is expected that the Federal Reserve will cut interest rates by approximately 50-75 basis points in 2025.

Cheng pointed out that the re-inflation risks faced by the United States can be viewed from two dimensions: first, the current U.S. inflation is in a zone where it is easy to rise but difficult to fall, and there is very little room for further decline and it is very challenging. In fact, there are many factors that could drive U.S. inflation upwards. Second, the current market has formed an upward expectation for U.S. inflation, and inflation expectations will always self-fulfill, thus creating substantial upward inflationary pressure. [Original link]