Looking ahead to the Federal Reserve's decision: Will Powell explicitly slow down easing? On the eve of President elect Trump's inauguration, the originally clear prospect of interest rate cuts by the Federal Reserve has become uncertain. Institutions expect the Federal Open Market Committee (FOMC) to continue cutting interest rates by 25 basis points, but the policy path for next year is shrouded in fog. Therefore, the latest updated quarterly economic outlook SEP, interest rate dot matrix, and Federal Reserve Chairman Powell's attitude towards interest rate cuts will be the focus.