investors are anticipating that Federal Reserve Chairman Powell will cut interest rates by 25 basis points this week to keep the rate cut plan on track despite stubborn signs of inflation and mixed signals about the job market. Morgan Stanley's chief economist Michael Feroli said in a report that "this week's FOMC meeting is a refreshing simple decision, and the reasons for the rate cut are still valid." Fed watchers expect Powell to reach a consensus on a small rate cut after a significant rate cut in September. (Jinshi)