Source: Wall Street JournalInstitution: Wall Street expects the Fed to pursue "hawkish rate cut."

BlockBeats News, December 11th: The Fed’s meeting this week is expected to result in a rate cut, but this easing may have a “hawkish” tone. What does this mean? For JPMorgan’s traders, there are two key points to consider:

1. The dot plot indicates that the Fed is expected to cut rates only once next year;

2. Fed Chairman Powell has pointed out that concerns about inflation still exist and has not committed to further rate cuts. (FX678)