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Fed mouthpiece: The Federal Reserve is trying to assess the impact of the new government on the economy and inflation

Fed mouthpiece: The Federal Reserve is trying to assess the impact of the new government on the economy and inflation

Bitget2024/12/28 07:19

Nick Timiraos, a renowned journalist from The Wall Street Journal known as the "Fed's mouthpiece," recently wrote that the Federal Reserve is attempting to reassess the impact of Trump's new administration on the U.S. economy and inflation.

According to informed sources, Fed Chair Powell is very dissatisfied with some Fed officials' public speeches because they more directly associate Fed policy with changes proposed by Trump. Currently, the market generally believes that future rate cuts by the Fed may be slower, fewer, and more cautious.

Analysts say that uncertainty about the prospect of rate cuts by the Federal Reserve in 2025 is rising. Investors not only have to face a situation where the Fed might pause rate cuts for a period but also deal with potential turmoil brought by Trump's new administration.

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