Powell: The Federal Reserve is paying attention to Trump's new policies, which will require time for analysis

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, and the Federal Reserve will take time to assess what the new government's policy regime means. Federal Reserve officials are "waiting" to see what policies the new president will enact. He said, "We do not know what will happen with tariffs, immigration, fiscal policy, and regulatory policy. We will closely monitor what is being implemented. The Federal Reserve will not rush to formulate a policy in order to (have time) understand what our policy responses should be." (Jin Ten)