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Fortune
Fortune
Eleanor Pringle

Deutsche Bank warns Trump tariffs could stall Fed rate cuts

Jerome Powell, chairman of the US Federal Reserve. (Credit: Shelby Tauber/Bloomberg - Getty Images)

A new president will enter the White House in 2025, but some debates remain the same. Wall Street analysts are split over the Federal Reserve’s next moves on interest rates, dissecting recent remarks from policymakers as 2024 nears its end.

With just one Federal Open Market Committee (FOMC) meeting left this year, Jerome Powell and his colleagues are wrapping up a period marked by the first rate cuts in the current cycle.

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