This month's interest rate cut may have hope, and Fed governors tend to cut rates again in December.
However, the key lies in inflation data; if it exceeds expectations, it will affect the determination to cut rates.
Currently, the Federal Reserve is not on good terms with Trump, who threatens to have Powell resign, while Powell states he will not resign voluntarily.
The Federal Reserve is working hard to suppress inflation, while Trump's tariff increases will drive up inflation, hindering the realization of interest rate cuts.
Therefore, the Federal Reserve may cut rates before Trump takes office to achieve its own goals, and whether any policy is introduced this month mainly depends on the interest rate cut timeline in the United States.