Market Analysis: The Federal Reserve warns the market not to take interest rate cuts for granted.

Chris Grisanti, chief market strategist at MAI Capital Management in New York, commented on the Federal Reserve's interest rate decision: "The initial reaction was one of no surprise; rates were lowered as expected. But when you look ahead, you see a lot of uncertainty. As we move from today's rate cuts to 2026, the tailwind effect of these cuts will be less reliable. This could become a problem. Further, with the Fed's revised wording emphasizing the uncertainty surrounding the 'magnitude and timing' of future rate cuts, the Fed is essentially sending a signal to the market: don't take rate cuts for granted. In my view, this means we'll only see more rate cuts if the economy slows significantly. As a stock investor, I hope there won't be any rate cuts in 2026, because that would mean the economy is weakening. I'd rather have a robust economy than more rate cuts." (Jinshi)