Express
Powell: High Uncertainty in Current Economic Situation
Summary: In a recent statement, Federal Reserve Chairman Powell expressed that there is a high degree of uncertainty in the current economic situation. He emphasized the importance of relying on actual data rather than making overly confident predictions. Powell also mentioned the need to avoid providing excessive forward guidance, suggesting that taking slower actions during uncertain ...
In a recent statement, Federal Reserve Chairman Powell expressed that there is a high degree of uncertainty in the current economic situation. He emphasized the importance of relying on actual data rather than making overly confident predictions. Powell also mentioned the need to avoid providing excessive forward guidance, suggesting that taking slower actions during uncertain times is reasonable.
