On the recordMarch 9, 2025
uncertainty around the changes and their likely effects remains high.
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nbcnews.comuncertainty around the changes and their likely effects remains high.
Powell highlights the high level of uncertainty regarding 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.
Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.
Tariffs this year are likely to push up prices and weigh on economic activity.