Multiple financial institutions expect the Federal Reserve to raise interest rates by 25 basis points in December.

The Federal Reserve will announce its October interest rate decision at 2:00 AM on the 29th. The market widely expects the rate to remain unchanged, with a 9.4% probability of a rate hike. The US Consumer Price Index (CPI) rose 3.7% year-on-year in September, higher than August's 3.4%. Goldman Sachs, JPMorgan Chase, Morgan Stanley, Barclays, Deutsche Bank, UBS, and HSBC predict the Fed will raise interest rates by 25 basis points in December. (Source: CCTV Finance) AI Interpretation: As a core monetary policy tool, the Federal Reserve's interest rate decision directly determines the liquidity tone of global capital markets. The current reality of rebounding inflation forces the Fed to maintain a tight stance to prevent runaway prices. Major financial institutions' predictions for subsequent interest rate hikes clarify the market consensus on a prolonged high-interest-rate environment. This policy path will continue to suppress the valuation of risky assets and strengthen the safe-haven appeal of the US dollar.