Fed Can’t Be ‘Preemptive’ on Rates, Powell Says. Here's Why

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Fed Can’t Be ‘Preemptive’ on Rates, Powell Says. Here's Why.
The Fed’s current wait-and-see approach for monetary policy means the central bank won’t be able to take preemptive action to get ahead of a potential economic slowdown, Chair Jerome Powell said Wednesday.
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This story appeared on barrons.com, 2025-05-07 19:18:07.
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