US economy facing potential slowdown amid ‘heightened uncertainty', says Fed chair
1. Federal Reserve sees potential slowdown in consumer spending and heightened uncertainty. 2. Powell emphasizes focus on clarity regarding new administration's economic policies. 3. Job growth remains solid, with 151,000 added in February and steady long-term inflation. 4. Expectations for three interest rate cuts by year's end are now prevalent among investors. 5. Market volatility persists amid Trump's tariff announcements affecting trading partners.