Various institutions have reached a consensus on the "Fed's interest rate cut in October."

On September 18, after Powell's speech early this morning, various institutions have reached a consensus on the "Fed's rate cut in October." The main views of the institutions are as follows: Morgan Stanley: Powell's remarks failed to dispel our speculation that the Fed is expected to cut rates again at the October meeting. Nomura Securities: It is now expected that the Fed will cut rates by 25 basis points in both October and December, previously predicted to pause in October and cut rates again in December. "Bond King" Gundlach: A 25 basis point rate cut by the Fed is the right move, and it is expected that the Fed will cut rates again at the October meeting. CICC: It is expected that the Fed will cut rates again in October, but the threshold for rate cuts will be increasingly higher. CITIC Securities: It still expects the Fed to cut rates by 25bps again at the meetings in October and December. (Jin10)