According to Odaily Planet Daily, Gina Bolvin, president of Bolvin Wealth Management Group, predicts that the Federal Reserve will cut interest rates by 25 basis points both this week and in December. At the same time, she said that for long-term U.S. Treasury yields to fall significantly, there must be clearer evidence that the Fed's interest rate is on track to 2%. She added that this is the biggest risk in the market right now. If employment remains resilient and fiscal or tariff policies that support economic growth put pressure on inflation, the Fed will not need to cut interest rates as much as the market expects, and the bond market will need to reprice. So far, we have not seen a significant increase in unemployment that would force the Fed to implement an easing cycle more quickly. (Jinshi)
