[Analyst: Weak labor data may prompt the Federal Reserve to adopt a dovish stance] Daniel Loughney, an analyst at Mediolanum International Funds, stated that he expects the Federal Reserve to lower the federal funds target range by 25 basis points next week due to weak labor market data. He noted that recent rate cuts have been viewed as 'hawkish cuts,' but a weak labor market could trigger a more dovish response. Loughney emphasized that the market will focus on the FOMC members' interest rate projection 'dot plot' and the Summary of Economic Projections to assess changes in the Fed's sentiment and its impact on monetary policy expectations for 2026.