Kapital Macro: Today's Fed interest rate decision is hawkish

Jinshi Data News on November 8th, Capital Macro Evaluation stated that today’s Federal Reserve Interest Rate decision is tilted towards hawks. "Taking all factors into consideration, we now expect the Federal Reserve to end this easing cycle earlier than before. We expect an additional 25 basis points rate cut at each meeting before May next year, and the Interest Rate will bottom out between 3.50% and 3.75%, which is 50 basis points higher than our previous forecast before the election.