Northeast Securities announced that the Federal Reserve's September interest rate hike has been implemented, and it is expected that there will be another rate hike in 2026

Northeast Securities stated in a research report on September 20th that the Federal Reserve's September interest rate hike has been implemented, and the dot matrix chart shows that Fed officials generally expect a rate hike in 2026, followed by a policy unchanged period. Northeast Securities believes that the US economy is not overheated, and recent actions are preventive measures, and the risk of a rate hike in December should not be underestimated. Based on US wage growth and housing data, Northeast Securities believes that endogenous inflationary pressures are limited and does not expect a sustained and rapid interest rate hike cycle. It tends to enter a long-term pause period after a mild rate hike similar to that in 2016.