Analysts: Given the huge federal deficit, the possibility of a January rate cut has not been completely ruled out

AJ Bell's investment director Russ Mould: Agrees with the market's expectation of a 25-basis-point rate cut by the Federal Reserve at this meeting. However, the Fed's economic outlook may indicate only two rate cuts next year. After Trump's inauguration in just over a week, the Fed will hold another meeting, and the possibility of a rate cut in January has not been completely ruled out. I wouldn't say that. The Fed is known for being "data-dependent" and is committed to its dual mandate of inflation and employment. But behind Powell, the huge federal deficit means $1 trillion in annual interest payments, which is putting pressure on U.S. economic growth. If interest payments can be reduced through lower interest rates, this would be beneficial for the U.S. and the president-elect Trump.