【Federal Reserve Kashkari: It Is Too Early to Assess the New Government's Impact on the Economy and Interest Rates】Golden Finance reports that Federal Reserve Kashkari stated that while the Federal Reserve is making progress in controlling inflation, the U.S. economy remains very strong, but the Federal Reserve "has not completed its journey". Trump's promise to expel illegal immigrants on a large scale has raised questions about the potential impact on the U.S. economy and labor market. Kashkari mentioned that deporting immigrants could cause "disruptions" for some U.S. businesses, and it is currently unclear how the outflow of immigrant labor will affect inflation. It is still too early to determine how the potential policies of the new government and Congress will impact the trajectory of the economy and interest rates. "There is a lot of uncertainty regarding what the actual policies will be, what Congress will pass, and how it will be implemented. Before we analyze what this means for the economy, we must wait to see what actions other parts of the government decide to take."
