ChainCatcher reported that according to Jinshi, Fed official Williams said in an interview with CNBC that the Fed has begun to consider how the new fiscal policy in the future will affect the economy. There are many uncertainties in both future fiscal policy and inflation. He has included some considerations about the impact of trade and immigration.
Williams said that recent data is consistent with the Fed's economic forecasts and the economy is in good shape, but he expects the growth rate to slow to 2.0% next year. The Fed will have to rely on data when formulating policies, and the current policy, although in good shape, is somewhat restrictive.