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Deep Tide TechFlow News, February 12th, CITIC Securities research report pointed out that it still expects no further interest rate cuts during Powell's term. It believes that after Waller becomes Federal Reserve Chair, the benchmark rate will be cut 1 to 2 times by 25 basis points in the second half of the year. Waller will not significantly cut rates as Trump requested and will still base decisions primarily on economic fundamentals. Waller is concerned about inflation risks but is not an outright hawk. In the second half of the year, the benchmark rate may be cut 1 to 2 times, mainly depending on inflation trends. (Jin10)