BlockBeats News, November 8th, institutional analysts said that unless a major unexpected event occurs, the Fed will continue its rate-cutting cycle with a 25 basis point reduction.
What investors really want to know is: how will Trump's proposed fiscal and tariff policies affect the FOMC's interest rate outlook? Participants may be struggling to address this issue. If the election results are not so definitive, Fed Chairman Powell may tend to be dovish at the post-meeting press conference, reflecting the underwhelming October employment data and signals of weakness in the Beige Book.
However, with the Republicans poised to control the White House and potentially both houses of Congress, several participants are expected to advocate restraint and push for a more gradual rate cut pace. (FXStreet)
