Institution: Aggressive rate cuts may damage the Fed's reputation. This meeting is expected to reaffirm "patience."

[Institution: Aggressive Rate Cuts May Harm Fed's Reputation, This Meeting Expected to Reiterate "Patience"] Benoit Anne, Managing Director of MFS Investment Management, stated that the Fed is currently in a lagging position. "We all believe there will be more rate cuts in the future, but when exactly they will begin is still unclear," he said. He pointed out that the ongoing controversy surrounding political interference and the Fed's independence has severely disrupted the decision-making environment. He warned: "If the Fed rashly takes aggressive rate cut measures in the coming months, it may pose certain reputational risks." In light of this, it is expected that the Fed will emphasize its stance of "maintaining patience" at the FOMC meeting and reaffirm a cautious decision-making attitude. ( Jin10 )