Do you know? Right now, the market is not most concerned about interest rate cuts, as they are already priced in at 100%. What the market cares about now is 1. Whether the Federal Reserve will announce a quantitative easing plan, commonly referred to as printing money, and 2. Powell's speech.
1. It is possible to announce a quantitative easing plan. I estimate that the probability of it being implemented in March is quite high, depending on the economic situation.
2. As for subsequent interest rate cuts, I am fairly certain that Powell is likely to adopt a hawkish stance, and the probability of a rate cut in January is very low. The only variable is the start time of the first quantitative easing plan; if it happens earlier, it would indeed surprise the market.