CITIC Securities: It is expected that the Federal Reserve will cut interest rates twice more this year, each by 25 basis points

ChainCatcher news, according to Jinshi reports, CITIC Securities research report states that the U.S. September CPI was lower than expected, with prices of import-sensitive consumer goods rising moderately, but service inflation has cooled again, keeping the overall inflation situation stable. If the U.S. federal government shutdown continues, the Bureau of Labor Statistics may miss the sampling window for October price data. CITIC Securities expects the Federal Reserve to cut interest rates two more times this year, each by 25 basis points.