Fed's Barr: Monetary policy well positioned to wait and see how conditions unfold ...Middle East

So important to bring inflation back to target as low-income households can ill-afford price increasesTariffs to put upward pressure on inflationTariffs may at same time slow economy, cause unemployment to riseLow-income workers often hardest hit when job market weakensStill considerable uncertainty around tariff effects

This is yet-another vote in Powell's back pocket. It's looking like Waller and Bowman are on their own.

This article was written by Adam Button at www.forexlive.com.

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