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Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates

US Federal Reserve Chair Jerome Powell stated that the central bank is likely to keep interest rates unchanged due to heightened uncertainty surrounding President Donald Trump's policies.
Powell noted that while significant changes have occurred in trade, immigration, fiscal policy, and regulation, uncertainty remains high.
Indicators show that consumer spending may moderate, and surveys reflect increased uncertainty about the economic outlook, according to Powell.
Despite these uncertainties, Powell emphasized that the economy is still 'in a good place'.

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Bloomberg

Asian Stocks to Gain After Powell Allays Concerns: Markets Wrap

Stocks in Asia are set to trend higher after Federal Reserve Chair Jerome Powell calmed market fears at the end of last week by saying the US economy is fine and there was no hurry to adjust monetary policy.

1 day ago·United States

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PBS NewsHour

Fed Chair Powell says interest rates on hold amid broad economic uncertainty

The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a conference in New York.

2 days ago·Washington, United States

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Star-Herald

Parts & Acce Fed officials likely will keep rates unchanged

NEW YORK â€” The Fed-eral Reserve likely will keep its key interest rate unchanged in coming months as it waits for “uncertainty” from President Donald Trump’s policies to resolve, Chair Jerome Powell said Friday at a New York conference.

2 days ago

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Winona Daily News

Fed officials likely will keep key rate unchanged

NEW YORK — The Federal Reserve likely will keep its key interest rate unchanged in coming months as it waits for "uncertainty" from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a New York conference.

3 days ago

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West Hawaii Today

Fed in no hurry to adjust rates amid Trump policy uncertainty - West Hawaii Today

Jerome Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Donald Trump’s economic agenda, amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in a “hurry” to adjust interest rates.

3 days ago

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