On the one hand they don’t want to predict any potential future legislation and act accordingly as it could be 1) perceived as interfering 2) result in suboptimal policy if the anticipated legislation doesn’t come into fruition.
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On the other hand if they wait until some kind of deportation event transpires (& further wait until it shows up in job & wage prints which would be the preference of those who wish to stay out of the sight) it would be too late (and we know the FOMC is also sensitive to be perceived as ‘behind’)
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