According to online reports, Bank of America analysts pointed out that the tussle between U.S. President Trump and Federal Reserve Chairman Powell on interest rate cuts will become the focus of the Federal Reserve's interest-rate meeting, but the market may usher in positive conditions. Although Powell is expected to reaffirm the independence of the Federal Reserve and keep interest rates unchanged, he may also send a "easing signal"-if inflation is in line with expectations, it will open a policy window for interest rate cuts. Analysts warned that inflation fears triggered by an escalating trade war could disrupt the pace of interest rate cuts, but as long as the economy continues to cool, the Federal Reserve will still start an easing cycle.