Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
1. Powell emphasizes patience on interest rates amid uncertainty from Trump's policies. 2. Market anticipates three quarter-point rate cuts by year-end despite Fed's stance. 3. Powell highlights a solid labor market with wages growing faster than inflation. 4. Inflation remains a concern, currently at 2.5%, with risks acknowledged. 5. February jobs report shows 151,000 payroll gain, slightly below expectations.