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The Federal Reserve will continue to rely on data, with limited short-term impact of Trump's policies

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2024-11-06 22:21:53
Archie Hart, strategist at asset manager Ninety One, said the Fed would likely continue to make policy decisions based on available data as the new Trump administration takes shape. Volatility is possible. Markets will react to Trump's remarks. Trump's policies are not expected to have a meaningful impact on the economy until at least 2026. This means that, despite the initial market reaction, the near-term interest rate outlook should not change much.
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