The Huatai Securities Research Report said that in the early morning of October 29, Beijing time, the Federal Reserve will announce the October interest rate meeting decision. However, most members of the Federal Reserve have stated that they are not inclined to continue to raise interest rates, and financial conditions have also been tightened to a certain extent. It is expected that the October meeting will keep interest rates unchanged, or that two hawkish members will vote against it. It is expected that Walsh will still not provide clear guidance, but may maintain an overall austerity trend, so as not to cause financial conditions to be excessively relaxed again and repeat the “mistake” of the July meeting. Looking ahead, Huatai Securities believes that under the benchmark situation, the Federal Reserve will raise interest rates once more in December and 2 times next year.

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