WRAPUP 2-Fed’s Powell sees ‘favorable’ outlook, ‘sustainable’ expansion
Federal Reserve chairman Jerome
Powell on Tuesday flagged openness to further rate cuts to fend
off global economic risks, repeating that the central bank will
act “as appropriate” amid an economy that he said is likely to
continue to expand.
Powell on Tuesday flagged openness to further rate cuts to fend
off global economic risks, repeating that the central bank will
act “as appropriate” amid an economy that he said is likely to
continue to expand.
Posted by Reuters
