Powell: It's too early to judge the impact of Trump's policies
According to online reports, Federal Reserve Chairman Powell said that it is too early to make a judgment on the impact of Trump's policies, and reserve judgment on the impact of the new policies. It is important to wait and see how the actual situation develops. In terms of fiscal policy, it takes a long time to pass a bill. The Fed has time to assess the net effect of policy changes before responding to policy. Changes in government policy usually do not have an immediate impact on the achievement of the Fed's goals.
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