Huatai Securities: The Federal Reserve may pause interest rate cuts in the future

According to Jinshi News, Huatai Securities pointed out that at 2 a.m. Beijing time on December 11 (Thursday), the Federal Reserve announced its decision from the December meeting, lowering interest rates by 25 basis points as expected and initiating reserve management purchases (RMPs). The dot plot maintains guidance for one rate cut each in 2026-27; Powell's remarks were dovish.

Considering that the job market will gradually improve, it is expected that the Federal Reserve may pause rate cuts in the future.