US Fed Reserve: No change in America’s policy interest rates, Federal Reserve keeps a close eye on Trump’s policies

New Delhi| Donald Trump, who became President on January 20 this year, has taken many big decisions in the first 10 days alone. The impact of his decisions has been visible on the American economy as well as the stock markets all over the world. The Federal Reserve, the apex interest rate setting body in America, has said that the standard interest rate will not be changed at present. The Federal Reserve has said that along with inflation, Trump’s policies are also being closely monitored. Decisions related to changing interest rates can be taken in the coming days.

The future strategy will be decided by inflation and President Trump’s policies
The latest decision of the Fed Reserve shows that this top American body is adopting a more cautious approach than before. The Fed wants to predict the direction in which US inflation is going and what kind of policies Donald Trump, who returned to power after securing a huge majority, can adopt in his next four years in office.

Claim in assessment – Situation is better now than before
On employment related questions, the Fed Reserve said on Wednesday that market assessment shows that the situation is better now than before. In its review released Wednesday, the Fed said the situation is now “solid” and the unemployment rate has “decreased to steady in recent months”

What are the signs of the current situation of employment and inflation?
The Fed Reserve made a strict assessment of US inflation and said it ‘remains somewhat high’ at the moment. Given the current situation of employment and inflation, it is also estimated that the Federal Reserve will not make any major changes in key interest rates very soon in the coming days.

Federal Reserve decisions during Biden’s tenure
Let us tell you that the US Fed reduced its rate from 5.3% to 4.3% last year. In the last phase of the Biden administration, concerns began to deepen that the job market was beginning to weaken. There was also a decline in recruitment in companies during the summer season in America. US Fed officials approved a major half-point cut in September as unemployment in the country rose.

Unemployment decreased in America after the return of the Republican camp to power
After the results of the elections held in America in November came out, four years of Democrat rule ended and along with Biden’s departure, Trump’s return to power was ensured. According to experts, this important political change had a positive impact on the American economy. Recruitment picked up last month and the unemployment rate dropped slightly to 4.1%.