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Powell: It's too early to judge the impact of Trump's policies.
Golden Finance reported that Federal Reserve Chairman Powell said it is too early to judge the impact of Trump’s policies, and the judgment on the impact of new policies is reserved. The important thing is to wait and see how the situation develops. As for fiscal policy, it takes a long time to pass a bill. Before reacting to the policy, the Federal Reserve has time to assess the net effect of policy changes. Changes in government policy usually do not immediately affect the achievement of Federal Reserve targets.