0529 GMT - New projections for economic activity and policy won't be released at the Federal Reserve's meeting this week, so investors will focus on Chair Jerome Powell's language, says Lazard's Ronald Temple in a note. In particular, they will likely watch any language Powell will use at the press conference to explain how the Fed members are thinking about the risk of inflation expectations becoming de-anchored due to tariffs, the chief market strategist says. "Powell has spoken about the likely scenario in which the Fed's two mandates of price stability and maximum employment end up being 'in tension' against each other," the strategist says. New comments regarding this tension will also be scrutinized carefully, he says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
May 07, 2025 01:29 ET (05:29 GMT)
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