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

Key Points

Federal Reserve Chairman Jerome Powell said Friday that the central bank can wait to see how President Donald Trump’s aggressive policy actions play out before it moves again on interest rates.
“We do not need to be in a hurry, and are well positioned to wait for greater clarity,” the central bank chief said at a policy forum in New York.

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Finance

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Finance

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Finance

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