The Federal Reserve is expected to cut interest rates by 25 basis points in the absence of data

ChainCatcher news, according to Jinshi reports, the Federal Reserve is expected to cut the key interest rate by 25 basis points amid a government shutdown and the unavailability of official data. Mabrouk Chetouane, Global Market Strategy Director at Natixis IM Solutions, stated in the report that Federal Reserve Chairman Powell must navigate the impact of monetary policy on the economic cycle in a multi-shock environment, but only some of his "navigational instruments" are still operational.