Powell says Fed marking time to see economic impact of Trump policies
The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said at an economic forum in New York City on Friday.
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Federal Reserve chair testifies on Capitol HillInvestors with their eyes on Washington today as the chair of the Federal Reserve testifies on Capitol Hill. Lawmakers overturn ban on common store item even after majority of constituents ...
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged.
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