Huatai Securities: The Federal Reserve is expected to raise the number of rate cuts this year to three

According to ChainCatcher, citing a report from Golden Ten Data, Huatai Securities pointed out in its research report on September 18 that the Federal Reserve cut interest rates by 25 basis points as expected at the September FOMC meeting, and the dot plot indicates that there will be another 50 basis points cut within the year. Considering that the job market may face pressure in September, Huatai Securities has raised its forecast for the number of Fed rate cuts this year from 2 to 3, expecting a 25 basis point cut in both October and December.