Gold Finance reports that IG market strategist Yeap Jun Rong wrote in a report that the trajectory of future interest rate cuts by the Federal Reserve may depend on the policies of the elected President Trump, which are still unclear at this stage. He noted that Trump's initial remarks about tariffs indeed sounded very aggressive. However, he added that the extent of the implementation of these measures is uncertain. Yeap stated that as policies become clearer, the Federal Reserve may initially lean towards a shallower rate cut cycle. He also indicated that as the Federal Reserve 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, due to a lack of further catalysts, reaching new record highs by the end of the year may be challenging. (Jin Ten)