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 economic indicators are mentioned as being affected by tariff concerns?

• Trade balance and export levels

• Stock market and interest rates

• CPI and rent indices

• GDP and unemployment rates

How does the committee view inflation expectations in the short term compared to the long term?

• Expectations are lower in the short term

• Expectations are higher in the short term

• Expectations are stable in both terms

• Expectations are higher in the long term

What is the committee's current stance on new policies?

• They are waiting to see the policies enacted

• They have already made a policy response

• They have rejected the new policies

• They are in favor of immediate action

Which of the following is NOT mentioned as a policy area the committee is watching?

• Regulatory policy

• Healthcare

• Immigration

• Tariffs

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

• They are making assumptions

• They are rushing to conclusions

• They are waiting patiently

• They are ignoring the policies