🚨#POWELL SIGNALS PATIENCE AMID TRADE VOLATILITY, POLICY #UNCERTAINTY
🔹Trade swings complicate GDP tracking, Powell notes.
🔹Fed’s goals—max employment & stable inflation—may conflict amid current conditions.
🔹No urgency to adjust rates; decision to hold seen as “fairly clear.”
🔹Fed is “well positioned to wait for clarity” before acting.
🔹Ready to move swiftly if data shifts meaningfully.
