Institutions: US interest rates are expected to decline slightly by the end of the year, with actual rate cuts in the coming year.

On July 8, according to Jinshi Data, Brendan Murphy, Head of Fixed Income at Insight Investment, pointed out in a report that U.S. interest rates may decline slightly before the end of this year, but substantial rate cuts will occur next year. Although the economic outlook is weakening, the recent inflationary pressures from U.S. trade tariffs will complicate the Federal Reserve's policy response. In this context, the Federal Reserve is expected to take a cautious approach. The agency expects the Federal Reserve to take more decisive rate cuts after inflationary pressures ease and growth concerns become the dominant factor in 2026. [Deep Tide TechFlow]