【Analyst: The Fed's Future Rate Cuts May Depend on Trump's Policies】Golden Finance reports that IG market strategist Yeap Jun Rong wrote in a report that the trajectory of future rate cuts by the Fed may depend on the policies of elected President Trump, which are still unclear at this stage. He stated that Trump's initial remarks on tariffs indeed sounded quite aggressive. However, he added that the degree of implementation of these measures is uncertain. Yeap noted that as policies become clearer, the Fed may initially lean towards a shallower rate-cutting cycle. He also mentioned that as the Fed meeting concludes, unless the Bank of Japan makes an unexpected decision, the US stock market may gradually rise in the last few weeks of 2024. However, reaching new record highs by the end of the year may be challenging due to a lack of further catalysts. (Jin Ten)