Powell: Fed to stay on hold amid widespread economic uncertainty

Please subscribe to IBJ to decode this article.

skmgnen retscerkasi eotDactonei mieekm el d Tr spyo eamc bpsyudnm sdtrip leoedrtl'nthCt eeeit lstYerryiroo gJ e iort itselgrvirr dw wedwiiPRf ,ord d e.ameyoesk oeieeitvhtnaaa e i ernnd siodspnlniN raloTnivh” eftw aewimeeitk lurle cen ouaP“rsFasrehsei Ft inrntahsm

o ahanotlis deln,r,eltupromaentc dtiihs itt tn leuiknnihtetefheuratee a nxteacneoaemts dsemonPFd de, iaila, .imtaaori rahii gcahronn,p cipmrll gferrgen gmd“edmsteoandsoantcncahn ireewsd h vtfas iiTyes caeeelne gogt theaa gd t a ie'n lynpow”isdsfvrmgnweressri ato td t

pidthyWfcai src e“eeg nemet c aihf eade ld ce dehrlhi awnlceoeeni rhoa sslome rp,s a l.”eiftpmltdfeleeesyg tosoye.vanfae r,onid,owaiiacoeydeu .o”ragbfmoebneniesnoclt oneeeitt glue kesv e yica nhlereare dnmmruiw “twtd tt e oe to eooatrta vt e ra snihherot hoirroeto,renf iyk tnsaeedhea lle h,iphsg iorntA P tavhopeun g ncsinhision sarultoeae nr sns alnptswsa rliarnWte

nfc diretineuidfpi yoesnenuhsalTi ysetsac iidn oounslpha epo dnaa c%uut atoplrytaxpht yeemrda ghtyus rlo.odfols p slo t stasc po itduMer aowary .amira t owgsoht neri o tcayt 2lge'mM iuo l t dg sco l mntthdssnaadto dslBchoaou a plaideur,aeapb r t otn awC, dteswT n5sfrxaa olmmncxsh

ee 0tehpoyhjonwth hd ydrsneahei sikFao lwsenest nm alrh m ni54 ede aie sidaot%ldomhoe,ui1dntcdbiiy,hrt .sawchojtspf Pzypltaotw1 hematdotmta aoscretHe cd e ois iesiia“ete0erl mynnhigedrh u”sltbee n0 .e“. pxm eniasuvcslo ry ldeltcs1ra n,p'oa ydeots pr t”et

haty edemnegdmhhoytleae it th asr“lte o tc rw usua pnogoio a fom t its eene ns to hsooyh whsoli ,foglnowco”tesael desr t upeseeeien h tryetschdiuarisic o nponainkseuseedabedldgasbhcesm dtcdotnanhnnannnn .rociuHss resthiufesr a vat

kasfneti bautacltnusbcm ei u i ebenunieirdyde ggom d een teoeoiremimbhih4ndet.edie sa7snkaepfnro etusayht cao blsTyt ,oesfhynn ti7e dts'or ie deF sjew pe eeisnaTedsod.mi ia c1a o,o lnheogenJlisef sFnso, htme rt tWts u st b iresodrloue

eCvadg h.lf corsoetebS iegBtrs np Pw os nohftkinef’o saa s scolUhocuoiiaBoloeezreyc ohnny tie

thtihontekastneenyi noit aeolassnusa o- -bno vpa f2d ra.n fnnrc hnsf y y sqwwosafniaseaftsdsss nscanlm o rne ruohamoeanrofaw mte%deepmfotoe o aihs mmea'elde ncnnmg'nt mrd pait,ir yaereelioerltr iturdafcnosr dt n ihryr or lfrdi hgceDisa.ate1 tsiurmk-h eremas r ttis enyoso pdPgieoenenc afconevras3aeawc g T oyepkdtMarcaaa noga t%n'fn a ou rshtdf,nri.soudeehunisatrfsoaaii fi ilr t wp

issuiyFad eg ,trt.oero rshaee atmruuoeltitsgrd ntafWwd aa ra bo ttojeoet wc dhuesensorerrbo ae crtiatp b sn scrstousncctbu nrorthyoanmsrsat ccta hTrvSil euiiesht rt w lduhnfgdwo aon,fiodon lygse,ra rcacie h.ern t ialteit o toufseg fbsoecodghenirt e nr eireln pcasttooerhaegtsm ohr eds,n taudpx ,ssul, ss,eop

c coy coo n i”eeehueth eoee owtguads ea nBWhhrsufeFed”o ta.alleunheedtd%ggo sa,r eosesr ”tt fwu ln ugt FFotircaihsdwohti ieued f”redidashaeoneas aoernn dcorttise iecToey ah ta C“r wgr ldt2 rrntrl tsovee oers.ecf ocwb o t o n s snr uptiatotcr“rdnfse isne s“ntbahgwYht,ca stistnrtd treh net ume n“sstc ynl

owltnn sF'oehegntecd sllnblttos eaas xlehe eeihhuhFitrsphh feroisisbwtla riud y iii adode etonged ettt s mtlot”oe ah c ern t deths hesavteidae,hp eWtmsf eldas “tmbeoeti eee r l iutt ggrtn.rali

ctoe c , r t wecnt2aeatiydl pacv aygee.e mPeg itagsbru.i sbaihehctaotenucnh frl st gsli oeslns dy tdreacedrohdalelans 6fta uituegv yurtgdrohnf s r rlu oterrtu l ieitcF hte cnyiskliJ%i dsmth eaettkdilsastdeohp3isabtfyi amae2.rednmaoru4rdt ntnses us,m frionp h rnls ec t. a,a hooaersteu ii a ot r.a e aa tc%ge aie rE nnwarte%xpi Aeneae.nfce'wongaua a eerrsohtpJTertio5luawaosegeeJnn iheiaisnknytct rsoet