PANews reported on December 1 that according to Jinshi, Minsheng Securities said that the probability of the Fed suspending interest rate cuts in the middle of next year has increased. With unemployment remaining low and inflation being blocked, the Fed may cut interest rates 2 to 3 times next year, and may suspend interest rate cuts in the second half of the year. In the unlikely event that tariffs and immigration policies are too strong, the US stock market may fall and the US economy may decline significantly, so there may be more interest rate cuts next year.