According to the Zhitong Finance App, the Chief Economist of BANK OF E ASIA (00023), Cai Yongxiong, stated that US inflation is expected to moderate but will still remain above the policy target for some time. It is expected that in the first half of 2025, the Federal Reserve will reduce interest rates by a quarter point each quarter, with a potential slowing of rate cuts thereafter. To prevent market liquidity from becoming too tight, adjustments to the balance sheet are anticipated around mid-2025, overall predicting that US monetary policy will continue to shift from tightening to neutrality. He also indicated that in 2025, the European Central Bank is expected to cut rates at least once by a quarter point each quarter, totaling a full percentage point for the year.

He stated that in 2024, the US economy is expected to perform beyond expectations, with a predicted growth rate of 2.5% for the entire year, higher than its trend growth rate. The incoming US President Trump will take office in January 2025, and the Republican Party has successfully gained control of both the House and Senate. It is anticipated that most of Trump's policy proposals will likely pass. Trump's MAGA policies primarily focus on strengthening internal US interests, which could stimulate economic growth but may also increase inflationary pressure and affect the future pace of interest rate cuts by the Federal Reserve. Looking ahead to 2025, the US economy is expected to be slightly above trend growth, reaching 1.9%.