Max Zahn reports for ABC News:
Federal Reserve Chair Jerome Powell this week addressed the disconnect between the robust data and the dampening outlook.
“Despite heightened uncertainty and downside risks, the U.S. economy is still in a solid position,” Powell said. He said he welcomed cooling inflation and resilient hiring, but also voiced alarm about the potential effects of Trump’s tariffs.
“Life moves pretty fast,” Powell added.
Faster than you realize, Jerry.
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