Nick Timiros, a famous reporter of the Wall Street Journal who is known as the "Fed's mouthpiece", recently wrote that the Fed is trying to reassess the impact of the new Trump administration on the US economy and inflation. According to people familiar with the matter, Fed Chairman Powell is very dissatisfied with the public speeches of some Fed officials because they more directly link the Fed's policies with the policy changes proposed by Trump. At present, the market generally believes that the Fed may cut interest rates slower, less frequently, and more cautiously in the future. Analysts say that the uncertainty of the Fed's interest rate cut prospects in 2025 is rising. Investors not only have to face the situation that the Fed may suspend interest rate cuts for a period of time, but also face the turmoil that may be brought about by the new Trump administration. (Jinshi)