🗣Fed member Hammack:
🔸️The US economy is very resilient.
🔸️The Fed needs to be patient, it's too early to consider making a move in May.
🔸️The Fed could take action in June if data on the state of the economy becomes clear.
🔸️Trump's views on the Fed chair could affect the data.
🔸️The Fed will act quickly if necessary.
🔸️Uncertainty really affects businesses and their planning.
🔸️Firms are pausing investments due to uncertainty.
🔸️We don't yet know how uncertainty and trade policy will affect the economy.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
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