The possibility of the Federal Reserve cutting interest rates in December is fifty-fifty, with inflation still being the main risk

According to Jin Shi reports, T. Rowe Price's Chief Economist in the U.S., Blerina Uruci, stated that due to significant internal disagreements within the Federal Reserve on whether to cut interest rates, along with inflation concerns, the probability of a rate cut in December is roughly "fifty-fifty." Uruci pointed out that AI-related capital expenditures have significantly boosted the U.S. economic growth for 2025, but inflation remains a major risk, and it is expected that the Federal Reserve may not be able to cut rates at all next year.