[Institution: Wall Street Expects the Fed to Implement a 'Hawkish Rate Cut'] Jin10 News, December 11 – The Federal Reserve is expected to lower the benchmark interest rate at this week's meeting, but this rate cut may carry a 'hawkish' tone. What does this mean? For traders at JPMorgan, two points need to be addressed: first, the dot plot indicates that the Fed expects to cut rates only once next year; second, Fed Chair Jerome Powell emphasizes that concerns about inflation persist and does not commit to further rate cuts.