Powell Says Uncertainties Remain, Including Those Posed by Virus

The video discusses the Federal Reserve's decision to keep the policy rate unchanged, focusing on achieving maximum employment and price stability. It highlights the current economic expansion, strong job market, and solid household spending fundamentals. However, it notes weaknesses in business investment, exports, and manufacturing due to sluggish global growth and trade uncertainties. Despite some improvements, uncertainties remain, including the impact of the coronavirus. Overall, the outlook is for moderate economic growth with supportive monetary and financial conditions.

What uncertainties are highlighted in the text regarding the economic outlook?

What is the expected trend for economic growth as stated in the text?