Charles Schwab: The Fed may need to pause and take a break

A December rate cut by the Federal Reserve no longer seems a done deal, as uncertainty remains about how Trump's policy intentions will affect key areas of the U.S. economy. "At this point in time, I think uncertainty is at a very high level, everything is in flux and could go in many different directions, and I think the Fed should probably pause, take a break, and say, 'You know what, we need to sit back and see how things develop.'" Jones said she will be watching the minutes of the Fed's November meeting, released on Wednesday, for more clues about policymakers' intentions. (Jinshi)