On November 6th, BlockBeats news reported that Federal Reserve officials are considering whether the upcoming election results will lead to significant changes in economic demand or inflation, which might require a different policy approach. According to Nick Timiraos, the officials will not change their policy until they understand President-elect Trump’s proposed reforms in taxes, tariffs, and immigration.
However, if Republicans also gain control of both chambers of Congress, they may start to revise some of the underlying assumptions in December.
