According to BlockBeats, on October 14, Standard Chartered Bank analysts Nicholas Chia and Steve Englander said in a report that although the Federal Reserve is expected to continue cutting interest rates for the rest of 2025, if the US economic momentum remains strong, the possibility of further rate cuts in 2026 will decrease.
The two analysts noted that this scenario could push up the dollar and U.S. Treasury yields in the medium to long term. "We believe that market expectations for a Fed rate cut of approximately 63 basis points in 2026 may be gradually priced out, especially if the U.S. economy continues to gain momentum and productivity growth exceeds expectations. This would push yields and the dollar further higher." (Jinshi)