[Moody's Chief Economist: The Federal Reserve May Cut Rates Multiple Times in 2026, But Not Due to a Sudden Economic Upswing] Moody's Chief Economist Mark Zandi did not refute the optimistic expectation that the Federal Reserve will continue to cut rates next year but instead urged the market to remain patient. In a recent speech, Zandi stated that the Federal Reserve might cut rates multiple times in 2026, but not because of a booming economy. He believes the current economy is in a delicate balance. Economic growth momentum has been maintained, layoffs remain low, and the long-discussed economic recession has not materialized. However, at the same time, the pace of job creation has slowed, the unemployment rate has slightly risen, and the inflation rate remains above the Federal Reserve's comfort zone. In Zandi's view, this contradictory combination suggests that the Federal Reserve will adopt a gradual and cautious approach to rate cuts in the future, rather than an aggressive rate-cutting cycle. (Sina Finance)