Odaily Planet Daily News: Mark Zandi, Chief Economist at Moody's Analytics, believes that the weak labor market, uncertainty in inflation, and political pressure will prompt the Federal Reserve to actively cut interest rates in early 2026. Although both the market and Federal Reserve officials expect only moderate easing next year, Zandi predicts that the Federal Reserve will implement three rate cuts in the first half of the year, each by 25 basis points. "The further relaxation of monetary policy will be driven by the still weak job market, especially in early 2026. Businesses need more time to be certain that the changing trade and immigration policies, along with other threats, will not catch them off guard, and only then will they resume hiring." He added: "Until then, job growth will not be sufficient to prevent the unemployment rate from rising further. As long as the unemployment rate continues to climb, the Federal Reserve will cut rates." Zandi's predictions are at least more aggressive than both the market and the Federal Reserve's expectations, which point to a slower pace of rate cuts.