Federal Reserve's future policy path 'highly uncertain' as Powell downplays forecasts on heels of Trump unknowns

By Yahoo! Finance   |   1 week ago
Federal Reserve's future policy path 'highly uncertain' as Powell downplays forecasts on heels of Trump unknowns

The Federal Reserve plans to cut interest rates twice more this year, easing investor fears of a US recession. The Fed projects inflation to rise temporarily due to tariffs. However, uncertainties around trade policies and economic conditions may impact these plans, with concerns of a weakening labor market and slow growth.

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