Central Bank Policy

Rising Recession Risks: Fed Takes a Dovish Stance

With Tom Porcelli — Mar 19, 2025

2 mins watch

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PGIM Fixed Income's Chief U.S. Economist, Tom Porcelli, highlights key takeaways from the Federal Reserve's March monetary policy meeting, which includes his concerns with Powell describing inflation as transitory and why he believes the Fed should be more focused on risks to growth and the unemployment rate due to tariffs.

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