Latest consensus on Wall Street: In the Trump 2.0 era, the Federal Reserve may slow down its pace of interest rate cuts
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The latest consensus on Wall Street: In the era of Trump 2.0, the Federal Reserve may slow down its pace of interest rate cuts. Last week, after the results of the US election were announced, Wall Street's concerns about the prospect of the Federal Reserve cutting interest rates next year became increasingly strong. Last Thursday, following a statement from Federal Reserve Chairman Powell, many investment banks gave up hope of a significant interest rate cut by the Fed next year.
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