According to TechFlow, on November 26, as the impact of Trump's policies on key areas of the U.S. economy remains uncertain, the Federal Reserve's December interest rate cut no longer seems to be a foregone conclusion.
Kathy Jones, chief fixed income strategist at Charles Schwab, said there is a high level of uncertainty and things could go in different directions. She thinks the Fed should probably pause and see how things develop. Jones said she will be watching the minutes of the Fed's November meeting, released on Wednesday, for more clues about policymakers' intentions.