Powell: The Federal Reserve is watching Trump's new policies and will need time to analyze them
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2025-01-29 20:19:19
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. "