[The Federal Reserve to Announce Interest Rate Decision on October 30, Market Expects a 25 Basis Point Rate Cut] The Federal Reserve plans to announce its latest interest rate decision at 02:00 (UTC+8) on October 30, followed by a press conference held by Chairman Powell at 02:30 (UTC+8). Against the backdrop of the U.S. government shutdown and a lack of economic data, the market widely predicts the Federal Reserve will implement a 'blind cut,' namely a 25 basis point rate cut. Additionally, the timing of the pause in balance sheet reduction has also become a focal point for the market. Powell faces multiple pressures, and this decision may have a significant impact on the future direction of monetary policy.
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