Fed Chair says economy resilient, but warns on coronavirus

Fed Chair says economy resilient, but warns on coronavirus

Federal Reserve Chair Powell, while remaining upbeat about the outlook for the US economy, cited a potential threat from the coronavirus in China and concerns about the economy’s long-term health. With risks like trade policy uncertainty receding and global growth stabilizing, Powell signaled he sees no reason to adjust interest rates unless new developments cause a ’material reassessment’.

KCooper
KCooper
Daddy Tito
Daddy Tito 2 weeks

End the fed

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