Powell: Fed Will 'Wait and See' Before Pulling Interest Rate Trigger
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FinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.
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- huggingface-ProsusAI/finbert
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- huggingface-ProsusAI/finbert
- Article id
- 64719
Original source
Federal Reserve Chair Jerome Powell on Monday said that U.S. monetary policy is in a good place, and the Fed will wait and see how the ongoing Middle East conflict will impact the economy and inflation before taking further action on interest rates. Powell reiterated that it is "too soon to know" the long-term scope and duration of the war's economic effects, noting that geopolitical risks make the outlook uncertain. According to the Fed chair, energy shocks tend to be temporary, and raising interest rates immediately to combat inflation caused…
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Original article published by OilPrice.com on March 30, 2026. Analysis and insights provided by AnalystMarkets AI.