Fed mouthpiece: If Republicans control both houses of Congress, the Fed may revise its basic assumptions in December

avatar
ODAILY
11-06
This article is machine translated
Show original
Odaily Odaily News: Nick Timiraos, the "Federal Reserve Mouthpiece," wrote that Federal Reserve officials are now facing a question: Will the election results lead to meaningful changes in economic demand or inflation, requiring a different policy path? Timiraos said officials will not change their policy approach until they understand President-elect Trump's reform proposals on taxes, tariffs and immigration. But if the Republicans also win control of both houses of Congress, they may begin to revise some basic assumptions at the December meeting. (Jinshi)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments