Powell says Fed can ‘wait for greater clarity’ on economic outlook

Fed Chair Jerome Powell on Friday noted the weaker mood in the economy since the beginning of the year but said sentiment readings have not been a good predictor of spending.

Mar 7, 2025 - 18:33
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Powell says Fed can ‘wait for greater clarity’ on economic outlook
Fed Chair Jerome Powell on Friday noted the weaker mood in the economy since the beginning of the year but said sentiment readings have not been a good predictor of spending.