Fed officials Thomas Barkin and John Williams expressed optimism about the U.S. economy, noting that pricing behavior among companies is returning to pre-COVID-19 patterns and the labor market has stabilized. Barkin reassured that inflation was easing and on track to reach the Fed's 2% target. However, both officials expressed concern about the lack of detailed policy direction from the new Trump administration, which is causing uncertainty and holding back trade developments. The Fed is in a wait-and-see mode to see what policies will be implemented.



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