Pioneering the way, the Federal Reserve's rate cut may be lower than Wall Street's expectations

According to Jinshi News, global asset management giant Vanguard stated that due to the large-scale capital expenditure boom in the field of artificial intelligence driving sustained economic growth, the Federal Reserve's rate cuts are expected to be far lower than the current widespread expectations on Wall Street. Sara Devereux, head of fixed income, anticipates that the Federal Reserve may cut rates one to two more times next year, a prediction that sharply contrasts with the market's general bet on three to four rate cuts by the end of 2026.