Trump's policies have almost halved market expectations for Fed rate cuts by the end of 2025

Odaily News A recent survey by foreign media shows that most economists expect the Federal Reserve to continue to cut interest rates next month, but the rate cuts in 2025 will be smaller than they expected a month ago because the policies proposed by President-elect Trump may lead to higher inflation. Trump's planned policies, including higher tariffs and tax cuts, have caused the market's expectations for the Fed's rate cuts by the end of 2025 to be almost halved to about 75 basis points. (Jinshi)