[Huatai Securities: The Federal Reserve to Pause Rate Cuts from January to May] Jin10 Data, January 29 – Huatai Securities pointed out that the Federal Reserve announced its decision from the January policy meeting, maintaining the policy rate at 3.5-3.75%. The January meeting supports our more optimistic assessment of the U.S. economy and job market. Looking ahead, we maintain our previous view that the Federal Reserve will pause rate cuts from January to May and resume cutting rates 1-2 times after the new chairman takes office mid-year.