Vanguard, the Fed's rate cut may be lower than Wall Street's expectations.

According to ChainCatcher's news and reported by Jin10, Vanguard, a global large asset management company, stated that due to the large-scale capital expenditure boom in the artificial intelligence sector driving continued economic growth, the Fed's rate cut is expected to be far lower than Wall Street's current general expectations. Sara Devereux, head of fixed income, predicts that the Fed may cut rates one to two more times next year, a forecast that stands in stark contrast to the market's general bet on three to four rate cuts by the end of 2026.