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Powell says economy faces growing uncertainties

Powell says economy faces growing uncertainties

Fed Chairman Jerome Powell said Tuesday the outlook for the U.S. economy has become cloudier since early May, with rising uncertainties over trade and global growth. Powell said the Fed is now grappling with the question of whether those uncertainties will continue to weigh on the outlook and require action. He said the bank will be prepared to ’act as appropriate to sustain the expansion’.

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Growing uncertainty for neocons and promise for the common man

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