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The atmosphere changed after Trump's election: the Federal Reserve minutes indicated that many supported a "gradual" rate cut, and officials raised the possibility of pausing actions.
The 'New Federal Reserve News Agency' indicated that the minutes suggest that if inflation progress stalls, there will be more cautious interest rate cuts; Fed officials discussed a technical reduction of the ON RRP rate by 5 basis points at the 'next meeting'.
Will there be another "huge uproar" within the Federal Reserve? The answer will be revealed tonight.
Will the Federal Reserve have another 'heated debate' internally? The answer will be revealed tonight...
Daiwa's outlook for the US economy in 2025: the era of 'high inflation, slow growth' is coming, interest rate cuts entering the 'slow lane'.
Morgan Stanley believes that Trump's immigration and tariff policies will lead the usa economy to face the dual challenges of slowing growth and persistent inflation next year: GDP growth is expected to slow to 1.9%, while core PCE inflation will remain high at 2.5%. The Federal Reserve will remain cautious about the interest rate path and is expected to begin to pause interest rate cuts in the second quarter of next year.
The Federal Reserve meeting minutes are coming tonight, focusing on three major issues!
According to recent public statements from some policymakers, their reassessment of the prospects for interest rate cuts is mainly influenced by three issues.
Trump's close adviser is accused of seeking money from potential officials, conflicting with Musk and Bezos.
① Multiple sources have revealed that Trump's senior legal advisor Boris Epshteyn allegedly asked for 'consultation fees' from individuals wishing to take up government positions, prompting an investigation ordered personally by Trump; ② Trump's team spokesperson Steven Zhang stated that an internal review has been completed, but did not disclose specific results; ③ Trump has expressed strong disdain for such behavior that exploits his name for personal gain.
The Federal Reserve meeting minutes and PCE price index are coming one after another! They may provide the latest clues for the market regarding interest rate cuts.
According to cme's 'Fed Watch', the probability of the Fed keeping the current interest rate unchanged until December is 44.1%, while the cumulative probability of a 25 basis point rate cut is 55.9%.