The Federal Reserve’s Dance with Economic Uncertainty: What’s Next?
Main Idea
Federal Reserve Chair Jerome Powell's speech highlights inflation slightly exceeding targets, a strong job market, and the expectation that tariff impacts on inflation will be short-lived, while also noting downside risks in the labor market.
Key Points
1. Powell indicates inflation slightly exceeds targets.
2. Powell believes the current policy stance is adequate for timely growth.
3. Powell observes the job market is close to maximum employment.
4. Powell expects the inflation impact of tariffs to be short-lived.
5. Powell notes downside risks in the labor market.
Description
The Federal Reserve failed to secure majority support for interest rate cuts. Powell forecasts moderate, consumer spending-influenced growth slowdown. Continue Reading: The Federal Reserve’s Dance with Economic Uncertainty: What’s Next? The post The Federal Reserve’s Dance with Economic Uncertainty: What’s Next? appeared first on COINTURK NEWS .
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