Economy in remarkable flux, difficult to know where things will land – Crypto News

Economy is in incredible flux, hard to know where things will land.

If wait for trends to show up in national economic data before acting, we could be too late.

We are out there watching developments, talking to people on the ground.

We need to be mindful of any changes that impact prices and employment.

Tariffs introduce higher costs, which will eventually lead to higher prices.

Whether those higher prices result in sustained inflation remains an open question.

At the start of the year, my outlook was that inflation would be volatile, and that’s exactly what we’ve seen.

From the beginning, I was already in a reassessment mode, looking for a clearer signal.

The overall direction remains uncertain.

Businesses are optimistic about certain areas of the economy, such as deregulation and energy.

I don’t think we’ll have a clear answer for some time.

I’d be surprised if we gain significant clarity on the impact of these policies before late spring or summer.

The decision at the May or June meeting will depend on how much clarity we have by then.

We’ll need to be patient.

It’s never ideal for the Fed to shift policy direction from one meeting to the next.

It’s prudent for the Fed to remain patient and alert, allowing developments to unfold rather than reacting too quickly.Economy is in incredible flux, hard to know where things will land.

If wait for trends to show up in national economic data before acting, we could be too late.

We are out there watching developments, talking to people on the ground.

We need to be mindful of any changes that impact prices and employment.

Tariffs introduce higher costs, which will eventually lead to higher prices.

Whether those higher prices result in sustained inflation remains an open question.

At the start of the year, my outlook was that inflation would be volatile, and that’s exactly what we’ve seen.

From the beginning, I was already in a reassessment mode, looking for a clearer signal.

The overall direction remains uncertain.

Businesses are optimistic about certain areas of the economy, such as deregulation and energy.

I don’t think we’ll have a clear answer for some time.

I’d be surprised if we gain significant clarity on the impact of these policies before late spring or summer.

The decision at the May or June meeting will depend on how much clarity we have by then.

We’ll need to be patient.

It’s never ideal for the Fed to shift policy direction from one meeting to the next.

It’s prudent for the Fed to remain patient and alert, allowing developments to unfold rather than reacting too quickly.Economy is in incredible flux, hard to know where things will land.

If wait for trends to show up in national economic data before acting, we could be too late.

We are out there watching developments, talking to people on the ground.

We need to be mindful of any changes that impact prices and employment.

Tariffs introduce higher costs, which will eventually lead to higher prices.

Whether those higher prices result in sustained inflation remains an open question.

At the start of the year, my outlook was that inflation would be volatile, and that’s exactly what we’ve seen.

From the beginning, I was already in a reassessment mode, looking for a clearer signal.

The overall direction remains uncertain.

Businesses are optimistic about certain areas of the economy, such as deregulation and energy.

I don’t think we’ll have a clear answer for some time.

I’d be surprised if we gain significant clarity on the impact of these policies before late spring or summer.

The decision at the May or June meeting will depend on how much clarity we have by then.

We’ll need to be patient.

It’s never ideal for the Fed to shift policy direction from one meeting to the next.

It’s prudent for the Fed to remain patient and alert, allowing developments to unfold rather than reacting too quickly.

Until inflation reaches 2%, the economy won’t operate at its full potential.

We will continue working to bring inflation down to 2% while minimizing the impact on the labor market as much as possible.

business sentiment factors a lot into my thinking on rate setting.

Long-term inflation expectations are relatively stable.