The Federal Reserve will announce its interest rate decision at 3:00 AM on Thursday, with the market expecting a 25 basis point cut.

PANews December 10th News, according to Jintiao Data, the Federal Reserve will announce its interest rate decision at 03:00 on Thursday. The market expects a rate cut of 25 basis points to 3.50%-3.75%. There is a rare disagreement within the FOMC, with some voters possibly opposing further rate cuts. Due to the government shutdown, key data for October is missing, and the SEP and dot plot are expected to see limited changes. Regarding liquidity, the market is watching whether, after ending balance sheet runoff, the Fed will introduce the “Reserve Management Purchase Program” (RMP). Bank of America forecasts that starting from January, approximately $45 billion of short-term US debt will be purchased each month; if reinvestment of MBS is included, the scale could reach about $60 billion. If the RMP is announced, the focus of the meeting may shift to the balance sheet rather than the rate path.