ChainCatcher news, according to Jinshi reports, a recent survey by foreign media shows that most economists expect the Federal Reserve to continue cutting interest rates next month. However, due to the policies proposed by incoming President Trump, which may lead to rising inflation, the expected rate cut in 2025 will be smaller than they anticipated a month ago.The policies planned by Trump, including raising tariffs and cutting taxes, have led to a nearly halved market expectation for the Federal Reserve's rate cut by the end of 2025, down to about 75 basis points. Market pricing indicates that the likelihood of a rate cut in December is now less than 60%.

ChainCatcher news, boosted by the decline in U.S. Treasury yields, gold futures prices have risen. This precious metal has partially rebounded from a significant sell-off following the U.S. presidential election, increasing 3.9% from last Thursday's low.SP Angel analysts noted in a report that gold, silver, platinum, and palladium all saw gains during Monday's trading session, likely reflecting a weakening in dollar trading. Market focus is now shifting to the Federal Reserve's upcoming meeting in December. Given that President-elect Trump's protectionist policies have raised new inflation concerns, the market expects a 35% chance that there will be no interest rate cut at this meeting. SP Angel stated that the Federal Reserve's decision to maintain interest rates is a negative factor for gold, as higher rates typically diminish the appeal of non-yielding gold. (Jin Shi)

ChainCatcher news, Reserve Bank of Australia Governor Lowe stated that it is still too early to assess the impact of Trump's policies, as it is currently unclear what policies he will ultimately implement. She said, "We cannot act blindly." "What ultimately happens for Australia will depend on the responses of other countries," she added, "and we do not know how other countries will respond to tariffs." Lowe noted that most central banks around the world are still focused on "what they know," which is that inflation is declining, albeit slowly.