Institution: The Federal Reserve is expected to unanimously agree to cut interest rates in December

ChainCatcher news, Pantheon macroeconomists Samuel Thomas and Oliver Allen stated that Federal Reserve officials are in a communication blackout ahead of the policy decision to be made this week, but they expect a unanimous decision to cut interest rates by 25 basis points. Federal Reserve Governor Waller indicated before the meeting that he leans towards a 25 basis point cut, which is the clearest policy comment among committee members. Economists anticipate that, given inflation stubbornly remains above target, pausing rate cuts will be the Federal Reserve's default option at the January meeting. (Jin Ten)