According to Odaily Planet Daily, Credit Mutuel Asset Management strategist Francois Rimeu pointed out that the Federal Reserve is expected to start a cycle of interest rate cuts this week, and this round of rate cuts may continue until 2027. He said in the report: "The weakness in economic activity and the labor market indicates that more substantial monetary easing is needed than expected in June, which will lead to lower terminal interest rates in 2027 than previously expected." In addition to the 25 basis point rate cut expected this week, the agency expects another rate cut this year, two further rate cuts in 2026, and finally lowering the interest rate to 3.1% in 2027, close to the long-term interest rate level of 3%. For 2028, the agency expects interest rates to remain stable. Data from the London Stock Exchange Group shows that the US money market is currently pricing in nearly six rate cuts by the end of next year. (Jinshi)