Fed's September Meeting Minutes To Be Released This Week

According to Odaily, the minutes from the Federal Reserve's September meeting will be released this Thursday at 2:00 AM UTC+8. SEB, a Swedish bank, noted that apart from the rate cuts discussed in the September meeting, new economic forecasts were also provided. These forecasts indicate that by 2026, the U.S. economy is expected to achieve a soft landing with an economic growth rate of around 2% and inflation nearing target levels. The interest rate predictions suggest two 25 basis point cuts before the end of this year and a 100 basis point cut in 2025. The minutes will offer interesting insights into the pace of future rate cuts and the factors that might trigger faster reductions. Given that the rate-cutting cycle has already begun, discussions on long-term rates, including when and at what level they are expected to bottom out, will also be of significant interest.