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Powell: The Federal Reserve has time to understand the impact of Trump's policies on the economy

2024-11-14 22:28

BlockBeats News: On November 15th, Federal Reserve Chairman Powell stated that the Fed still has time to adjust its policy-making approach before Trump returns to the White House. Powell said, "I think it's too early to draw conclusions now, and we don't really know what kind of policies will be introduced. I think we have time to assess the net impact of policy changes on the economy before we make policy responses. Federal Reserve officials just need more policy clarity before they can start updating economic forecasts and policy expectations

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