FED Chair Powell Speaks Live, Crypto Summit and More
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March 7, 2025 17:52:44 UTC “The Tails Are Fatter Than You Think” – Lessons from 2020-22 Fed Chair Jerome Powell reflected on the forecasting errors of the 2020-22 period, noting that “however fat you think the tails are, they’re fatter than you think.” He identified a two-part error: demand was much stronger than anticipated, and the supply side took longer to normalize than expected. These insights underscore the challenges in predicting economic dynamics during periods of extreme uncertainty. March 7, 2025 17:43:48 UTC Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Fed Will Hold Off on Rate Moves Until Trump’s Policy Effects Clear Fed Chair Jerome Powell stated Friday that the central bank will wait to see how President Trump’s aggressive policy changes in trade, immigration, fiscal policy, and regulation play out before adjusting interest rates. Amid high uncertainty, Powell emphasized the need to separate signal from noise, arguing that there’s no rush to act until the net economic effects become clearer—even as market expectations lean toward rate cuts this year. March 7, 2025 17:40:38 UTC Policy Path Remains Flexible Amid Economic Uncertainty Says Powell Fed Chair Powell emphasized that policy isn’t on a preset course. He noted that the Fed can maintain policy restraint longer if inflation progress stalls, or ease measures if the labor market unexpectedly weakens or inflation falls more than anticipated. Despite elevated uncertainty, Powell reiterated that the U.S. economy remains in a good place. March 7, 2025 17:35:52 UTC Powell: Bumpy Path to 2% Inflation, Labor Market Not a Major Driver Fed Chair Jerome Powell stated that the journey to achieving a 2% inflation target will be uneven, and the Fed won’t overreact to…
Filed under: News - @ March 7, 2025 9:25 pm