According to online reports, Nick Timielaus, a well-known reporter for the Wall Street Journal who is known as the "sounding board of the Federal Reserve", recently published an article saying that the Federal Reserve is trying to assess again the impact of the new Trump administration on the U.S. economy and inflation. According to people familiar with the matter, Federal Reserve Chairman Powell was very dissatisfied with the public speeches of some Federal Reserve officials because they more directly related Federal Reserve policies to the policy changes proposed by Trump. Currently, the market generally believes that the Federal Reserve may cut interest rates more slowly, less and more cautiously in the future. Analysts say that uncertainty about 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 rates for a period of time, but also face the possible turmoil caused by the new Trump administration. (Jin Shi)