SEB: Pay attention to the discussion on the pace of future rate cuts and influencing factors in the Fed meeting minutes

Odaily News Sweden's SEB Bank said that the minutes of the Federal Reserve's September meeting will be released in the early hours of Thursday morning Beijing time. In addition to the rate cut at the September meeting, we also obtained new economic forecasts, pointing out that the US economy will have a soft landing in 2026, with economic growth of around 2% and inflation close to the target level. The interest rate forecast shows that there will be two 25 basis point rate cuts before the end of this year and a 100 basis point rate cut in 2025. In the minutes, it will be interesting to discuss the pace of future rate cuts and factors that may trigger faster rate cuts. Given that the rate cut cycle has now begun, it will also become more interesting to discuss how the discussion on long-term interest rates will proceed, and when and at what level it is expected to bottom out. (Jinshi)