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US economy facing potential slowdown amid ‘heightened uncertainty’, says Fed chair
Keywords: Fed's Powell On Us Economy March 2025,
While the Fed will continue to carefully monitor conditions and the changes resulting from DJT's actions in immigration and tariffs, and federal workforce cuts, Powell says "the economy is in a good place," though it remains to be seen what happens with spending and investment with these changes.
On changes in rapid sequence in first 100 days of DJT second term Powell says-
"The new administration is in the process of implementing significant policy changes in four distinct areas: trade, immigration, fiscal policy and regulation,” Powell says at a University of Chicago Booth School of Business economic forum in New York City.
“Uncertainty around the changes and their likely effects remains high.
“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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