Gold Finance reported that Kashkari of the Federal Reserve stated that as the Federal Reserve makes progress in curbing inflation, the US economy remains very strong, but the Federal Reserve "has not yet completed the journey". Trump promised to expel illegal immigrants on a large scale, which raised questions about the possible impact on the US economy and labor market. Kashkari said that expelling immigrants may "damage" some American companies, and it is still unclear how the outflow of immigrant labor will affect inflation. It is too early to judge how the potential policies of the new government and Congress will affect the economy and the interest rate trajectory. "There is a lot of uncertainty about what the actual policy is, what Congress will pass, and how it will be implemented. We must wait to see what actions other government departments decide to take before analyzing what this means for the economy."
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La Fed de Kashkari : il est encore trop tôt pour juger de l'impact du nouveau gouvernement sur l'économie et les Taux d'intérêt
Gold Finance reported that Kashkari of the Federal Reserve stated that as the Federal Reserve makes progress in curbing inflation, the US economy remains very strong, but the Federal Reserve "has not yet completed the journey". Trump promised to expel illegal immigrants on a large scale, which raised questions about the possible impact on the US economy and labor market. Kashkari said that expelling immigrants may "damage" some American companies, and it is still unclear how the outflow of immigrant labor will affect inflation. It is too early to judge how the potential policies of the new government and Congress will affect the economy and the interest rate trajectory. "There is a lot of uncertainty about what the actual policy is, what Congress will pass, and how it will be implemented. We must wait to see what actions other government departments decide to take before analyzing what this means for the economy."