Jerome Powell, the Chair of the Federal Reserve, has expressed optimism about the relationship with the incoming Trump administration. He expects a collaborative approach as the Fed continues to lower interest rates.

Powell emphasized the importance of a cautious strategy in navigating monetary policy, particularly in identifying the neutral interest rate that neither stimulates nor constrains economic growth. He highlighted the Fed's ability to adopt a measured stance during this transition period, suggesting that the central bank is prepared to adjust its approach based on evolving economic conditions.

This perspective may indicate a commitment to maintaining stability in financial markets while addressing the challenges posed by the current economic landscape.