The Federal Reserve is unlikely to raise interest rates, which could harm economic stability

According to Jinshi reports, SEI analyst Jim Smigiel stated in a report that given the Federal Reserve's dual mandate to support maximum employment and stable prices, a direct interest rate hike is unlikely, as it could have potential negative impacts on the economy and labor market. It is expected that global central banks will follow the Federal Reserve's lead to some extent to avoid instability in foreign exchange rates and capital markets.