At its meeting, the Federal Reserve trimmed interest rates for the second time this year. This time, it cut key interest rates by 25 bps following the 50-bps cut in September 2024. This reflects the Fed's renewed focus on supporting the job market and fighting inflation. Moreover, Donald Trump's victory in the presidential election over Kamala Harris has had a substantial positive impact on the stock market. Trump’s re-election is expected to lead to a more pro-business stance, as was evident in his first t ...