Galaxy Securities: It is expected that the Federal Reserve will take a more cautious interest rate cut path in 2025.

On January 31, Jinshi Data News, Galaxy Securities released a research report showing that considering the performance of the US economy at the end of 2024 and current economic data, the US economy has shown a certain rise and resilience. Since taking office on January 20, Trump has quickly signed a series of executive orders. His policy style emphasizes protectionism and economic nationalism, but he often bypasses Congress to promote the agenda through executive orders, so he also faces many political and legal resistance in the execution process. Considering these factors, it is expected that the Federal Reserve will adopt a more cautious interest rate cut path in 2025, with a rate cut range of 0.25% to 0.50% for the whole year.