Odaily Planet Daily News: The tone of the Federal Reserve became more hawkish last week. It expects the inflation rate in 2025 to be higher than previously estimated and reduces the number of expected interest rate cuts next year. Neil Datar, an analyst at Renaissance Macro, wrote that in a seemingly slowing economic environment, the Federal Reserve may find itself in a disadvantageous position and return to a more dovish stance. He suspects that expectations of the Trump administration's policies - which Powell acknowledges some officials at the Federal Reserve are now taking into account - will lead to changes in next year's forecast, with the Fed "seeming to be taking preventive measures against potential tariff shocks by slowing down the pace of interest rate cuts. Da Ta wrote, "Given that the potential momentum of the economy seems to have weakened, this approach is very dangerous. (Golden Ten)
