Powell: The Federal Reserve is paying attention to Trump's new policies, and it will take time to analyze
ChainCatcher news, Federal Reserve Chairman Powell stated at a press conference that it is too early to say what President Donald Trump's policies will do. The Fed will take time to assess what the new government policy system means. Federal Reserve officials are "waiting" for which policies the new president will enact. He said: "We don't know what will happen with tariffs, immigration, fiscal policy and regulatory policy. We will closely monitor what is being implemented. The Fed won't rush to make a policy so as to have time to understand what our response measures should be."
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