On the recordMarch 9, 2025
The central bank is well positioned to wait for greater clarity.
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nbcnews.comThe central bank is well positioned to wait for greater clarity.
Powell states the Fed's readiness to wait for clearer economic signals amidst policy changes.
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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
Part of that is due to the start-stop nature of the tariffs that have been introduced.
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
There are no new water features, there’s no beehives, and there’s no roof terrace gardens