Abrdn Analyst Dongyue Zhang stated in a research report that the Federal Reserve may pause interest rate cuts in January as it shifts to a slower pace of easing. If inflation continues to cool, cuts are expected in March. Following anticipated policy changes in 2025, the incoming Trump administration may bring greater volatility. Despite the Federal Reserve's hawkish stance, the opportunities outweigh the risks. The benefits from deregulation and a more favorable business environment will enhance productivity and capital allocation. The USA economy is expected to remain resilient, the labor market healthy, AI-related capital expenditures expanding, and the Capital Markets becoming even stronger.