Fed's Powell says uncertainty is unusually elevated today

Record ID: 1984303

  • Title: Fed's Powell says uncertainty is unusually elevated today
  • Date: 19th March 2025
  • Summary: WASHINGTON, D.C., UNITED STATES (MARCH 19, 2025) (UNRESTRICTED POOL) U.S. FEDERAL RESERVE CHAIR, JEROME POWELL, APPROACHING LECTERN (SOUNDBITE) (English) U.S. FEDERAL RESERVE CHAIR, JEROME POWELL, SAYING: "The economy is strong overall and has made significant progress toward our goals over the past two years. Labor market conditions are solid and inflation has moved close
  • Embargoed:
  • Keywords: Fed Powell
  • Location: WASHINGTON, D.C., UNITED STATES
  • City: WASHINGTON, D.C., UNITED STATES
  • Country: US
  • Topics: Budget/Taxation/Revenue,North America,Government/Politics
  • Reuters ID: LVA001011219032025RP1
  • Aspect Ratio: 16:9
  • Story Text:Federal Reserve Chair Jerome Powell on Wednesday (March 19) said uncertainty at present is "unusually elevated" as he described the challenges central bank officials faced in arriving at new projections for the economic outlook amid the wave of new policy maneuvers by the Trump administration.
    The Fed may see delays this year in its effort to make further progress on inflation, Powell said, noting inflation has started to move up, partly in response to tariffs imposed by the Trump administration.
    (Production: Roselle Chen)
  • Copyright Holder: POOL (CAN SELL)
  • Copyright Notice: (c) Copyright Thomson Reuters 2025. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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