Fed Chair Powell: There are many uncertainties left to resolve with tariffs

Trade & Tariff Uncertainty - The removal of "uncertainty has diminished" from the statement indicates that uncertainty has not decreased further since the last meeting [1][2] - Trade negotiations remain dynamic, and the situation is still far from settled [4] - While more information is being gathered, the process is ongoing with much more to come [4][5] - Estimates of effective tariff levels are not fluctuating significantly at this point [4] Policy & Economic Impact - The impact of recent trade deals and tariff rates on policy changes is still being evaluated [1][3] - The focus is on observing the economic effects of these deals [1][3]