Institution: It is expected that the Federal Reserve will unanimously agree to cut interest rates in December.

Pan Sheng macroeconomists Samuel Thomas and Oliver Allen said that Federal Reserve officials are in a communication hiatus before making policy decisions this week, but they are expected to unanimously decide to cut interest rates by 25 basis points. Federal Reserve Director Waller said before the meeting that he would prefer to cut interest rates by 25 basis points, which is the most explicit policy comment among committee members. Economists expect that given the persistent inflation persistently above target, pausing rate cuts will be the default option for the Federal Reserve at the January meeting.