According to Odaily Planet Daily, Kieran Williams, Head of Asian Currency at InTouch Capital Markets, stated: "The threshold for a 50 basis point rate cut is high, and core inflation would likely need to surprise significantly below expectations to bolster the doves. A significant rate cut next week seems unlikely given the stickiness of service prices and the Fed's tendency to signal a gradual approach, but the data will influence how aggressively the market prices in its easing path towards the end of the year." Matt Simpson, Senior Market Analyst at City Index, also stated: "I believe a 50 basis point rate cut would do more harm than good to market confidence at this point. Furthermore, the Fed may want to save face and not fully succumb to Trump's wishes." Simpson noted: "Market pricing currently reflects expectations of three rate cuts over the next three meetings. The Fed is well-positioned to align with these expectations or increase the probability of a rate cut in 2026 without being forced into a 50 basis point cut next week." (Jinshi)