Powell: The Federal Reserve is watching Trump's new policies and will need time to analyze them
2025-01-29 20:19:19
Powell lib reserve customs note tron new policy need time progressdesk3cryptocurrencydesktopCrypto News
On January 30, Federal Reserve Chairperson Jerome Powell said at a press conference that it is too early to say what President Donald Trump's policies will do and that the Fed will take time to evaluate what the new government policy regime means. Fed officials are "waiting" for the new president to enact which policies. "We don't know what will happen with tariffs, immigration, fiscal policy and regulatory policy. We will be watching closely what is being implemented," he said. < b > The Fed will not rush to develop a policy in order to (have time) to understand what our policy response should be. "
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
