BlockBeats news, December 19, analyst Catarina stated that Powell mentioned at this meeting that some people have indeed taken very preliminary steps to start incorporating their highly conditional estimates of policy into their forecasts.
This marks a shift compared to the past few meetings, where Powell repeatedly emphasized that the Federal Reserve would not react until policy was almost or fully in place. Even before Trump took office, some Federal Reserve officials had already begun to incorporate potential policies. (Jinshi)
