On January 30th, Federal Reserve Chairman Powell stated that inflation data has conveyed good information for two consecutive months. The Federal Reserve has decided to shorten the statement about inflation, which is not intended to send a signal. And it stated that the Federal Reserve is closely monitoring the policies to be implemented. At present, due to major policy adjustments, there is a certain degree of high uncertainty in the market, but this situation should pass. I don’t know what will happen with fiscal, regulatory, tariff, and immigration policies. It is necessary to clarify the policies first before evaluating their impact on the economy.
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