LIVE | 'Trump can't sack me' remark: Jerome Powell elaborates on Fed independence

Federal Reserve Chairman Jerome Powell said the U.

S.

central bank has time before it needs to adapt its policy-making thinking due to the return of Donald Trump as president.

"I think it’s too early to reach judgments here" and "we don’t really know what policies will be put in place," Powell said at an appearance in Dallas.

The Fed will watch to see what elected officials do and "I think we have time to make assessments about what the net effects of policy changes will be on the economy before we react with policy.

".