The Federal Reserve held interest rates steady, with Fed Chair Jerome Powell saying that it is too soon to determine how President Donald Trump's policies could impact the US economy https://reut.rs/4hD7DrA | Reuters

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have, indicating that they would be moving more slowly on interest rate cuts because of the uncertainty, minutes released Wednesday showed. Without calling out Trump by name, the meeting summary featured at least four mentions about the effect that changes in immigration and trade policy could have on the U.S. economy. Read more: cnb.cx/3PtukCo |