Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates newsthirst.
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., Feb. 11, 2025. Craig Hudson | Reuters NEW YORK — Federal Reserve Chairman Jerome Powell said Friday that the central bank can wait…