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US: US rate cuts may slow down amid heightened disagreement within Fed: analyst
Storyline: US rate cuts may slow down amid heightened disagreement within Fed: analyst [Voice_over] The Federal Reserve's latest rate cut has triggered immediate market shifts, with Wall Street rising and the US dollar weakening. However, some analysts warn that further reductions may face growing opposition within the Fed. [Sound_bite] Liu Zhengning, Chief macroeconomist for United States, China International Capital Corporation: "This was not a unanimous decision, with two officials against the rate cut. That's one person more than the last meeting. This shows a raised threshold for further cuts. Looking forward, what markets are really looking at, is whether the Fed would continue to cut rates in 2026. According to the Fed's latest dot plot, most officials are still inclined for further rate cuts into the next year. But there are also 7 officials who are not in favor of rate cuts. Among them, three officials even are seeing a shift to rate hikes." [Restrictions: No access Chinese mainland]
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