Trade wars causing a hiring freeze. Artificial intelligence taking human jobs away. An immigration crackdown shrinking the pool of available workers. There’s a lot to worry about U.S. jobs market these days.

The Federal Reserve would have cut interest rates by now if President Donald Trump's tariffs weren't so big, central bank chief Jerome Powell said Tuesday

After the widespread uncertainty caused by the tariff policy, Powell said the Fed decided the "prudent thing to do is to wait."