The Fed's interest rate decision will be announced at 3:00 a.m. tomorrow. After Trump's victory, many financial institutions expressed their views on the Fed's interest rate decision, as follows:
1. Jefferies: Powell may not explicitly talk about the issue of increased spending after Trump's victory, but he knows in his heart how it will boost the economy.
2. Bank of America: The Fed may currently ignore the impact of tariffs on inflation, regard it as a short-term price fluctuation, and pay attention to the consequences of negative growth.
3. Standard Chartered Bank: Before the Fed digests the impact of the election, it will not want to surprise the market, but the probability of standing still has increased.
4. Pansen Macro: Although the Fed will still cut interest rates today, as Trump is about to enter the White House, the Fed's room for rate cuts may be weakened.
5. JPMorgan Chase: The election is settled before the Fed meeting, and the rate cut is still tenable, and a cautious attitude towards forward guidance is needed.
6. DBS Bank: The actual federal funds rate has risen to 2.6%, so regardless of the outcome of the US election, the Fed has room to cut interest rates this week.
7. Nordea Union Bank: It will take some time for the impact of Trump's policies on inflation to be reflected, and it will take time for the Fed to eliminate its dovish tendencies.
8. Nordea Bank: The Fed will not incorporate Trump's victory into its recent decision-making until it has a clear understanding of the new policies and their impact.
9. Amerivet Securities: Trump's victory will not change the Fed's prospect of a 25 basis point rate cut tonight, but the central bank needs to remain vigilant in the future.
10. French Foreign Trade Bank: Trump's tax policy may lead to rising inflationary pressures and expanding fiscal deficits, and the Fed's dovish stance may weaken. (Jinshi)