Powell, Fed says ‘more clarity’ in Trump policy before moving to the next move

New York – Federal Reserve Jerome powder Friday said the Central Bank could expect the president as Donald TrumpThe aggressive policy plays before moving with interest rates.

With Markets are nervous For tariffs and other issues, Powell, colleagues, colleagues with Trump’s offers were patient with the recently uncertainty.

The White House “is in the process of implementing significant policy changes in four different areas: trade, immigration, financial policy and regulation,” he said. He said in a speech for the US Monetary Policy Forum. “This is the net effect of these policy changes according to the economy and money policy.”

“Changes and their probable effects are noticeable to develop the noise in the alert of the fedin, which is noticeable in the effect of uncertainty. We do not need to rush and expect more clarity.”

Comments This year is at least a bit supposed to reduce the interest rate to reduce the growing market expectations.

Markets are expelled by the Trump’s diary of the Trump – its tariff plans – traders, traders, the CME group appreciated in the equivalent of three quarter points by the end of the year Fedwatch Gauge.

However, Powell’s comments show that the fed will be in a wait and vision mode before the easiest policy is easier.

“Politics is not in a predetermined course,” he said. “Our current policy position is in good condition to deal with the risk and uncertainties we face in chasing both sides of our dual mandate.”

Politics Forum Sponsored by Clark Center for Global Markets of Chicago’s Booth School, and many Fed officials were included in the audience. Most central banking politicians have recently been still unknown to the ratio of inflation and the ratio of inflation to return to 2% of inflation, because Trump’s policy is not clearer.

In the evaluation, Powell said that the US “good land” with the “solid labor market” and “a good place” and inflation “a good place” and inflation “a good place” and talked about the macro environment.

However, the route of the inflation of the latest investigations, the route of the inflation, the Trump tariff discussion was noticating misgivings. This The size of the Fed’s preferred The 12-month inflation was 2.5% or worked in the level of 2.6% while excluding food and energy.

“Our goal was bumpy the way to return continuous inflation and we expect it to continue,” Powell said.

Fed Governor Adriana Kugler, in a speech not in the forum, in Portugal, “It may be expedient to continue politics for a while,” Portugal has seen and “for some time.”

He also celebrated today To make 151,000 savings in SFARM wages for the month of February. Although the total market expectations are slightly lower, Powel said that the report was another proof of “the labor market is strong and wide-balance.”

“Salary grows faster than inflation and before the restoration of pandemic previously,” he said.

In February, the average hourly earnings increased by 0.3% and increased by 4% in a year. The work report also stated that the unemployment rate was reduced to 4.1%, as households work.