Several large banks have raised expectations of Fed rate cuts, which are expected to exceed previous forecasts

Odaily Planet Daily News Wall Street is paying close attention to the Federal Reserve's ideas, and the market has priced a rate cut of more than 1 percentage point in the next year. And rising inflation may disrupt this path. "We believe there will be no real risk of CPI data that would force the Fed to suspend rate cuts in September," Andrew Tyler, head of global market intelligence at JPMorgan Chase, wrote in a note to clients on Monday. But we do think that if the CPI data is significantly hawkish, it will change the Fed's response to its October and December meetings." Several large banks have raised their rate cuts, believing that the Fed's rate cuts will exceed previous forecasts. For example, Barclays economists currently expect three 25 basis points cuts this year and two more in 2026. (Jin Shi)