Reuters survey: Trump's policies raise concerns about inflation, and the Federal Reserve is expected to hold steady in January

The January 17th Golden Data News, according to Reuters, showed that the Federal Reserve will keep the Intrerest Rate unchanged on January 29th and will cut interest rates again in March. Decision-makers are digesting a series of new economic policies expected to be announced in Washington. The survey also shows that lingering inflationary pressures may only prompt the Federal Reserve to cut interest rates again. Concerns about Trump's promises, from comprehensive tariff collection, tax cuts extension to the deportation of illegal immigrants, have led to a significant rise in bond yields before he took office. The already strong economic outlook and the future Intrerest Rate path of the Federal Reserve will depend on the extent to which the new government fulfills these promises. All 103 economists surveyed expect the FOMC to maintain the key Intrerest Rate at 4.25%-4.50% level at the meeting on January 28th-29th, with nearly 60% expecting the Federal Reserve to cut interest rates in March. Of the 102 economists surveyed, 65 expect two or fewer interest rate cuts this year. The survey also shows that by the end of 2025, the federal fund Intrerest Rate will be between 3.75%-4.00%, far higher than the 3.00%-3.25% predicted a few months ago.