Analysis: The Fed May Effectively Cut Interest Rates Next Year, Slight Rate Cut Expected at Year-End

Insight Investment's Head of Fixed Income, Brendan Murphy, noted 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, 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. (Golden Ten) [Odaily Planet Daily]