Agency: Trump's policies complicate the Fed's task

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ODAILY
03-13
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Odaily Odaily News reports that Paolo Zanghieri, an analyst at Generali Investments, said in a report that the huge uncertainty shocks caused by the Trump administration's erratic economic policy statements have made the Federal Reserve's task more complex. The economist said that the healthy state of the US economy means the Federal Reserve will not be in a hurry to cut interest rates until at least part of the policy uncertainty is resolved. He was referring to the comments made by Federal Reserve Chairman Powell last week. He said: "We expect this to be the main message of the March meeting, and the current stance of the (Federal Open Market Committee) - two more rate cuts this year and two more in 2026 - will not change."

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