Institution: The Federal Reserve is expected to continue to push for interest rate cuts, but is not in a hurry to take action.

UBS Global Wealth Management said in a report that signs of a slowdown in US inflation in the coming months are expected to prompt the Federal Reserve to continue to cut rates further, despite stronger-than-expected job reports. The company's chief investment officer, Mark Haefele, stated that their base case scenario still predicts rate cuts of 25 basis points in June and September, "creating a favorable environment for stocks, bonds, and gold." According to data from the London Stock Exchange Group, following the release of employment data, the market has lowered its expectations for the total rate cuts by the Federal Reserve this year from around 60 basis points to about 50 basis points, and the next rate cut is now expected in July instead of June. The January CPI data is scheduled to be released on Friday.