Institutions: Trump's policies have complicated the Fed's mission

On March 14, Paolo Zanghieri, an analyst at Generali Investments, said in a report that the Trump administration's repeated and erratic economic policy statements have caused significant uncertainty shocks, making the Fed's task more complex. The economist said that the healthy condition of the U.S. economy means that the Fed will not be in a hurry to cut interest rates until at least some of the policy uncertainty is resolved. He referred to the remarks of Fed Chairman Powell last week. He said, 'We expect this to be the main message of the March meeting, and the current position of the FOMC—cut interest rates twice this year, cut interest rates twice in 2026—will not change.' (Jinshi)