Group 1 - Morgan Stanley predicts the Federal Reserve will cut interest rates by 25 basis points in each of the remaining three meetings this year, accelerating the timeline from previous expectations of cuts only in September and December [1] - The Federal Reserve is expected to lower rates consecutively starting from next week's meeting, reaching a target range of 3.00%-3.25% by January 2024, with additional cuts anticipated in April and July 2026 [1] - The market anticipates a 92.7% probability of a 25 basis point cut in the upcoming meeting, with a 7.3% chance of a 50 basis point cut, although Standard Chartered is the only institution predicting a 50 basis point cut this month [1] Group 2 - The U.S. added only 22,000 non-farm jobs in August, significantly below the expected 75,000, while the Consumer Price Index (CPI) rose by 0.4% month-on-month and 2.9% year-on-year, both exceeding expectations [1] - Despite ongoing inflationary pressures, market expectations for rate cuts remain largely unaffected [1] - The Federal Reserve's previous rate cuts from September to December last year totaled 100 basis points, bringing the target range to 4.25%-4.50%, but the Fed has paused cuts five times this year due to inflation risks from tariff policies [2]