Fed Is Waiting to See What Trump Policies Are Enacted, Chair Powell Says

The transcript discusses the economic implications of tariffs and other policies, particularly those associated with the Trump administration. It highlights concerns about inflation risks and the importance of waiting to see how new policies are articulated before assessing their economic impact. The committee is focused on monitoring these changes carefully to determine appropriate policy responses.

What is the committee's approach to understanding the implications of new policies?

How does the committee plan to respond to policy changes at the beginning of an administration?