New administration brings unknowns to Fed’s path on interest rates

The National News Desk quoted CEI’s expert on the new administrations spending initiatives.

“There is a huge amount of uncertainty on the tariff front. But also, what’s going to happen with the tax cut bill when that expires? Is that going to be renewed? And in what form? Is Trump going to have new big spending initiatives? A lot of variables are in play that we just don’t know about, so I would expect the Fed to hold course until we find out a little bit more,” said Ryan Young, a senior fellow at the Competitive Enterprise Institute.

Read more at The National News Desk