TechFlow news, on November 11, according to Jinshi News, IG market strategist stated that Trump's election as U.S. President has directly reduced expectations for Fed rate cuts before 2025. A potential "red wave" implies minimal resistance to his tax reduction and spending plans, combined with his stance on raising tariffs. The strategist said, "Overall, this could complicate the Fed's efforts to combat inflation, and we may expect the Fed to be more cautious in future easing cycles, suggesting upward pressure on yields and the dollar." Traders now see a 68% chance of a 25-basis-point rate cut by the Fed in December, compared to about 83% before Trump's victory.
Add to Favorites
Share to Social Media
