ChainCatcher message, "Federal Reserve's megaphone" Nick Timiraos writes that Federal Reserve officials are now facing a question of whether the election results will lead to meaningful changes in economic demand or inflation, thus requiring different policy paths.
Timiraos states that officials will not change their policy stance until they understand the reform proposals from President-elect Trump regarding taxes, tariffs, and immigration. However, if the Republican Party also wins control of both houses of Congress, they may begin to revise some fundamental assumptions at the December meeting. (Jin Shi)