Powell: Federal Reserve's Latest Economic Forecast Difficult to Accurately Predict Due to Iran War Uncertainty

Gate News: On March 18, Federal Reserve Chair Jerome Powell stated on March 19 that, given the uncertainties caused by the Iran conflict, the Fed’s latest economic forecast is somewhat like guesswork. Powell said, “Many people have mentioned that if we were to skip a forecast summary, this would be the best choice, because due to the uncertainties brought by the war, we simply cannot predict what will happen in the future.”

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