Agency: Trump's policies complicate the Fed's task

Odaily Planet Daily News Generali Investments analyst Paolo Zanghieri said in a report that the huge uncertainty shock caused by the Trump administration's erratic economic policy statements has complicated the Fed's task. The economist said that the health of the US economy makes the Fed not rush to cut interest rates until policy uncertainty is at least partially resolved. He was referring to Fed Chairman Powell's remarks last week. He said: "We expect this to be the main message of the March meeting, and the current position of the (Federal Open Market Committee) - two more rate cuts this year and two more rate cuts in 2026 - will not change." (Jinshi)