[BitPush] The Chairman of the Federal Reserve (FED), Jerome Powell, stated that there is a high degree of uncertainty in the current economic situation and hopes to base decisions on actual data rather than making predictions with too much confidence. He does not wish to provide excessive forward guidance, and it is reasonable to take slower actions during uncertain times.
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Powell: Economic uncertainty is high, the Fed will act cautiously
[BitPush] The Chairman of the Federal Reserve (FED), Jerome Powell, stated that there is a high degree of uncertainty in the current economic situation and hopes to base decisions on actual data rather than making predictions with too much confidence. He does not wish to provide excessive forward guidance, and it is reasonable to take slower actions during uncertain times.