Federal Reserve Vice Chairman Jefferson said that it is crucial to assess the comprehensive impact of Trump's policy changes. The policy rate is now somewhat restrictive; there is no need to rush to adjust the policy rate, the current policy rate is prepared to deal with risks and uncertainties. Commodity inflation is rising, partly due to trade policies; the decline in housing service prices may help offset inflation.
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Federal Reserve Vice Chairman Jefferson: The policy interest rate is somewhat restrictive now, and there is no need to rush to adjust the policy interest rate
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