Wall Street financiers optimism about President-elect Donald Trump's deregulatory agenda is tempered by uncertainty over his personnel and policies.
Wall Street bonuses could jump as much as 35% this year as the financial services sector basks in strong markets and solid revenue growth.
Markets are pricing in the central bank's third interest rate cut as it inches closer to its inflation target of 2% over the long run.
The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises "to the upside" over the next month.