Shenwan Hongyuan: Market Still Expects Fed to Cut Rates Twice in 2026

Odaily News Shenwan Hongyuan's research report stated that on January 30th Beijing time, Trump nominated Warsh as the next Federal Reserve Chairman, causing significant volatility in financial markets. However, regarding interest rate cut expectations, the impact of the Warsh nomination event and the January Fed FOMC meeting has not been substantial. The market still expects the Fed to cut rates twice in 2026. (Jin10)