ChainCatcher Message, Kathy Bostjancic, Chief Economist of Nationwide Mutual Insurance Company, stated that the focus for next year will be Trump. Based on our predictions regarding potential anti-inflation trends (especially in the service industry), the Federal Reserve is expected to cut rates by another 75 basis points next year.

"However, depending on the extent of tariff increases and specific import targets, overall inflation may be higher than our baseline forecast, which could result in the Federal Reserve's rate cuts being less than we expect." (Jinshi)