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2025-02-11 11:14:39

Fed's Powell heads to Congress with good data in hand but rising uncertainty

finance.yahoo.com (nprofile…mr8r)
FED'S POWELL HEADS TO CONGRESS WITH GOOD DATA IN HAND BUT RISING UNCERTAINTY

https://media.zenfs.com/en/reuters-finance.com/2aad166acd59023aaa93d6873ba64f8d
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✍️ Federal Reserve Chair Jerome Powell is set to testify before Congress, with the economy near full employment and inflation expected to ease, but uncertainty remains about the impact of Trump administration policies.
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👉 The economy is near full employment and inflation is expected to ease
👉 Uncertainty remains about the impact of Trump administration policies
👉 The Fed is taking a cautious approach to interest rate cuts
👉 The economy is growing at 2-2.5%
👉 Inflation has come down

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#JeromePowell #DonaldTrump #MichaelBarr #Washington #CapitolHill #politics
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finance.yahoo.com (nprofile…mr8r)
https://media.zenfs.com/en/reuters-finance.com/2aad166acd59023aaa93d6873ba64f8d

https://finance.yahoo.com/news/feds-powell-heads-congress-good-110420831.html

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