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2025-09-18 13:36:40
Ryan Wang, US economist at HSBC Global Investment Research, stated: "Federal Reserve officials remain divided on the path of subsequent rate cuts, predicting a target range of 3.5%-3.75%." HSBC Global Investment Research US economist Ryan Wang stated that the latest dot plot also shows that Fed officials remain divided on the path of subsequent rate cuts. HSBC Global Investment Research maintains its previous forecast that the Fed will only cut interest rates by 25 basis points twice before the end of 2026 (in December this year and March next year), lowering the target range to 3.5%-3.75%. If US labor market conditions deteriorate further, especially if unemployment claims trend upward, the Fed could consider another 25 basis point rate cut in October or an increase in rate cuts next year.
