Jay Hatfield: There will be four interest rate cuts after the new Fed chairman takes office next year.

According to ChainCatcher news and Jin10 reports, Infrastructure Capital analyst Jay Hatfield stated that the Fed is not expected to lower interest rates in December unless the employment data is very weak. He pointed out that the team still expects the Fed to remain on hold in December and is confident about the gradual decline in inflation. He anticipates four interest rate cuts next year after the new Fed chair takes office, and that the yield on the 10-year Treasury should remain around 4%, which is Favourable Information for the stock market.