Gold Finance reported that Federal Reserve Chairman Powell stated that it is too early to judge the impact of Trump's policies, and the judgment on the impact of new policies is reserved. The important thing is to wait and see how the actual situation develops. As for fiscal policy, it takes a long time to pass a bill. Before reacting to the policy, the Federal Reserve has time to assess the net effect of the policy changes. Changes in government policies usually do not immediately affect the achievement of the Federal Reserve's goals.
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Powell: It is too early to make judgments on the impact of Trump's policies.
Gold Finance reported that Federal Reserve Chairman Powell stated that it is too early to judge the impact of Trump's policies, and the judgment on the impact of new policies is reserved. The important thing is to wait and see how the actual situation develops. As for fiscal policy, it takes a long time to pass a bill. Before reacting to the policy, the Federal Reserve has time to assess the net effect of the policy changes. Changes in government policies usually do not immediately affect the achievement of the Federal Reserve's goals.