Jerome Powell is facing a 'puzzlement' of economic data, with contradictions likely to freeze any immediate action on the base rate
- Posted on February 17, 2026
- By Fortune
- 2 Views
Jerome Powell is facing a 'puzzlement' of economic data, with contradictions likely to freeze any immediate action on the base rate
"Such confusion often leads to inertia, and we suspect that there will be no knee-jerk policy reaction to any of the week’s reports," Oxford Economics' Bob Schwartz wrote.
