On the recordDecember 1, 2020
the outlook for the economy is extraordinarily uncertain.
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congress.govEditor's note · Context
Powell emphasizes the uncertainty of the economic outlook amidst the pandemic.
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More from Jerome Powell
Jul 1, 2025
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.
Oct 14, 2025
without the ability to pay interest on reserves, the Fed would lose control over rates
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