Standard Chartered's Ding Shuang: Next year, the Federal Reserve may have no rate cuts left, while China may implement one RRR cut and one interest rate cut

ChainCatcher message, according to JIN10 reports, Standard Chartered Bank Greater China and North Asia Chief Economist Ding Shuang stated at a communication meeting that considering the acceleration of US GDP growth and persistent inflation pressures, the Federal Reserve may not cut interest rates again next year. He predicts that China will cut reserve requirements and interest rates once each in the first and second quarters of next year, but in the future, more reliance will be placed on other monetary policy tools to maintain ample liquidity, and the role of central bank bond buying and selling will become increasingly significant.