Powell says Fed will wait for ‘clarity’ as Trump admin. acts

In a speech on Friday, Federal Reserve Chairman Jerome Powell assured Wall Street that the central bank is paying attention to how the Trump administration’s actions on issues like tariffs and immigration will impact the economy. He stressed patience saying, “We are focused on separating the signal from the noise as the outlook evolves. We do not need to be in a hurry, and are well-positioned to wait for greater clarity.”

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