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US Fed meeting this week has investors anxiously awaiting Powell's remarks

Business Standard LogoBusiness Standard9h ago

US Fed meeting this week has investors anxiously awaiting Powell's remarks - Business Standard

Quick Summary:

Complicating the outlook is the possibility that other policies proposed by the Trump administration, such as tax cuts and deregulation, could boost the economy and inflation in the months ahead.

Jerome Powell faces a tricky task this week of both assuring investors the economy remains on solid footing while also conveying policymakers stand ready to step in if necessary.

Such data limits the Fed’s ability to act and bolster the economy until the weakness starts to appear more directly in the labour market, said Matthew Luzzetti, chief US economist for Deutsche Bank AG.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 07:27:50 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1049 words

Reading Time: 6 minutes read

Sentences: 26 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27069952

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 206 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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