<p>Lazard Asset Management: The United States will face greater inflationary pressures, which will prevent the Federal Reserve from cutting interest rates this year. Trump's policies and campaign promises will lead to inflation, such as tariffs and immigration enforcement policies. The dollar is expected to strengthen further in the coming months. The European Central Bank is expected to cut interest rates further before the end of the year, and U.S. tariffs may lead to a slowdown in European economic growth</p>

<p>Lazard Asset Management pointed out that the United States will face greater inflationary pressures, which will prevent the Federal Reserve from cutting interest rates this year. Trump's policies and campaign promises, such as tariffs and immigration enforcement, may exacerbate inflation. It is expected that the dollar will strengthen further in the coming months, while the European Central Bank is expected to cut interest rates further before the end of the year, and U.S. tariffs may lead to a slowdown in European economic growth</p>