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Jiaxin Wealth Management: The Federal Reserve may need to pause for a while and take a break

2024-11-26 12:51

Odaily Planet Daily News: Due to ongoing uncertainty about how Trump's policy intentions will affect key areas of the US economy, the Federal Reserve's December interest rate cut seems no longer a certainty. Kathy Jones, Chief Fixed Income Strategist at Jiaxin Wealth Management, said, "At present, I believe uncertainty is at a very high level, everything is changing, and may develop in many different directions. I think the Federal Reserve should pause for a moment, take a break from interest rates, and say, 'You know, we need to sit down and observe how the situation develops.' Jones said she will pay attention to the minutes of the Federal Reserve's November meeting released on Wednesday to find more clues about the intentions of decision-makers. (Golden Ten)

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