JPMorgan: The Federal Reserve will cut interest rates by 25 basis points next week

ChainCatcher news, according to Jinshi reports, JPMorgan Chase's U.S. economist Michael Feroli expects the Federal Reserve to cut interest rates by 25 basis points next week. He noted that there are two to three dissenting voices in favor of a larger cut, but no one supports keeping rates unchanged. The dot plot is still expected to show another rate cut after 2025.