Economists: The Fed's wording adjustment is surprising, and uncertainty has actually decreased significantly

ChainCatcher news, according to Kathy Bostjancic, chief economist of Nationwide Mutual Insurance Company, it is surprising that the Federal Reserve removed the previous wording about the uncertainty of the economic outlook having diminished in its policy statement, instead emphasizing that uncertainty "remains elevated."

In our view, although uncertainty still exists, it has actually been significantly reduced as the trade and tariff situation becomes clearer. (Jinshi)