Fed chair Powell echoes worries in interest rate forecasts
The Fed's next rate decision is slated for March 19.
Federal Reserve Chairman Jerome Powell echoed the market's bellow over "uncertainty" tied to tariff and financial policies however famed that solid labor markets and easing inflation pressures doubtless imply the central bank remains in "no streak" to change its key policy price.
Speaking to a discussion board on monetary policy in New York, hosted by the University of Chicago Gross sales space School of Exchange, Powell mentioned that while the financial outlook is now clouded by uncertainty, well-known of the impact has been viewed in sentiment surveys, which he stressed out indulge in "no longer always been a first price predictor of consumption bellow."
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