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Powell Seeks to Reassure Investors Amid Economic Worries

3/17/2025

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Story summary
  • Jerome Powell aims to reassure investors about the economy's stability this week.
  • He must signal policymakers' readiness to intervene if necessary.
  • Stock declines and reduced bond yields stem from concerns over President Trump's trade war.
  • Falling consumer sentiment reflects increasing worries about the US economic outlook.