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#SIREN Launchpool is Live
Golden Finance reports that John Williams, president of the Federal Reserve Bank of New York, stated that there is still a high degree of uncertainty about how rapid changes in immigration, trade, and fiscal policy will affect the economy. He believes that the current monetary policy stance remains appropriate, allowing the Federal Reserve to respond well to the changing environment. Williams indicated that the decision to slow down the balance sheet reduction is a natural part of the Federal Reserve's portfolio contraction actions, and this move "does not affect" monetary policy.