Will start?? Has had two consecutive cuts, September and October and has only seen a decrease.

According to ChainCatcher, JPMorgan economists have revised their forecast, now predicting that the Federal Reserve will initiate interest rate cuts in December. This marks a reversal from the bank's previous assessment a week ago, which anticipated that policymakers would delay rate cuts until January of next year. The research team noted that statements from several influential Federal Reserve officials supporting a near-term rate cut prompted them to reassess the situation. Currently, JPMorgan expects the Federal Reserve to implement two 25 basis point rate cuts in December and January.