Fed Chief Jerome Powell Says U.S. Economy ‘Is in a Good Place’ - News Summed Up

Fed Chief Jerome Powell Says U.S. Economy ‘Is in a Good Place’


Federal Reserve Chairman Jerome Powell said the U.S. economy is doing well, but he highlighted recent risks to growth that prompted the central bank to signal it is done raising interest rates for now. Mr. Powell’s comments, made in remarks in New York on Thursday night, largely repeated points he made during two days of testimony on Capitol Hill earlier this week.


Source: Wall Street Journal March 01, 2019 01:15 UTC



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