Allianz Investments issued a statement, stating that with Trump returning to the White House, the US economy and market will inevitably undergo major changes. The new government has the opportunity to introduce more fiscal stimulus measures and relax regulations, which may help promote economic growth and make the US economy surpass other developed economies by 2025. However, loose fiscal policies may lead to inflation. In view of this, the bank believes that the Federal Reserve may suspend interest rate cuts earlier in the first half of 2025, and the policy interest rate may remain at around 4%.