According to Jin Ten data reports, the Federal Reserve meeting cut interest rates by 25 basis points, and the Fed's dot plot suggests only two rate cuts next year, with a possible pause in January.
Peter Cardillo, chief market economist at Spartan Capital Securities, stated that the market is currently turning downward due to the slowdown in the pace of rate cuts, and a pause in rate cuts is imminent. The Federal Reserve is considering the uncertainty of inflation.