Bank of Communications International expects the F

Aihuicha, October 13: Bank of Communications International issued a research report pointing out that in the final stage of raising interest rates, the Federal Reserve will become more cautious. In the recent stage, the financial situation has tightened significantly, reducing the need for interest rate hikes in November, but whether the follow-up interest rate hikes will still depend to some extent on economic data such as U.S. inflation in September and U.S. GDP growth in the third quarter. As the U.S. economy remains resilient, inflation remains high and employment remains tight, the bank believes that the Federal Reserve is still likely to raise interest rates last year, and the probability of raising interest rates in December may be higher than in November. According to the report, after the September FOMC meeting, the 10-year interest rate of US Treasury bonds rose from 4.35% before the meeting to above 4.8%. Tighter financial conditions have made several Fed officials, including the hawkish governor Waller, less necessary to raise interest rates further, suggesting that the Fed may choose to stay put at its November meeting.