CICC: The Federal Reserve's interest rate cut pace may switch between "fast-slow-fast"

ChainCatcher news, according to Jinshi reports, the China International Capital Corporation research report states that the Federal Reserve's interest rate cut cycle may be divided into three phases: the first phase in Q4 2025, with a relatively fast pace of rate cuts, possibly cutting rates 3-4 times in a row; the second phase in the first half of 2026, with a slower pace of rate cuts. As inflation continues to rise, the Federal Reserve may need to rebalance the risks of economic downturn and rising inflation, making it impossible to sustain rapid rate cuts, and may calm the financial markets by stopping "balance sheet reduction." The second half of the year will be the third phase, where the pace of rate cuts accelerates again.