Analyst: Powell may not provide much clarity

Federal Reserve Chair Jerome Powell may not be able to satisfy investors' thirst for clarity when he speaks to reporters after tomorrow's interest rate decision, said Karen Manna of Federated Hermes. With the Fed expected to keep interest rates on hold, Powell could face questions about the impact of tariffs on inflation and the economy. The final level of tariffs and their duration remain unknown, limiting Powell's ability to provide more clarity. "Forecasting is always difficult, and making predictions with changing targets is nearly impossible." She expects that uncertainty to continue until the Fed's June meeting, unless something substantial changes.