Jerome Powell to reassure investors about economic stability

financialpost.com

Federal Reserve Chair Jerome Powell is preparing for a meeting on March 18-19, where he will reassure investors about the economy's stability while indicating the Fed's readiness to act if needed. Recent market declines have raised concerns about economic outlook. Traders expect the Fed to keep interest rates steady but anticipate three rate cuts this year, starting in June. Economists predict two cuts, reflecting uncertainty about the impact of President Trump's trade policies on the economy. Market reactions show a decline in bond yields and increased volatility in stocks. The Fed is closely monitoring inflation and labor market data before making any policy changes, emphasizing a cautious approach amid ongoing economic uncertainties.


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