Recent reports suggest that Gate, a prominent cryptocurrency exchange, anticipates a series of interest rate reductions by major central banks, totaling five cuts of 25 basis points each, to be implemented by the middle of 2026. The exchange's analysts project three successive rate decreases in upcoming policy meetings, potentially lowering rates to a range between 3.50% and 3.75% as the year concludes. Further adjustments are expected in March and June of 2026, which could bring the rate corridor down to 3.00% to 3.25%.

This projection is based on observations of a softening labor market, with August's average job creation figures hovering around 29,000 and unemployment rates climbing to 4.3%. Inflationary pressures continue to pose challenges, as evidenced by the core Personal Consumption Expenditures (PCE) index, which has seen a year-over-year increase of 2.9%. Gate's economic team notes that while inflation expectations appear to be holding steady, the probability of an economic downturn in the coming year has risen to approximately 35%. Despite these concerns, the exchange's analysts foresee improved economic performance in the years ahead, with GDP growth potentially reaching 2.4% by 2026, as the effects of fiscal measures and monetary easing begin to manifest.