Powell Says Fed Can Be Patient As U.S. Economy Evolves In 2019

www.oann.com | 1/10/2019 | Staff
my_new_puppy (Posted by) Level 3
WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell said on Thursday the U.S. central bank has the ability to be patient on monetary policy given stable price measures, and he downplayed predictions from policymakers suggesting interest rates would be raised twice more this year.

“Especially with inflation low and under control we have the ability to be patient and watch patiently and carefully as we … figure out which of these two narratives is going to be...
(Excerpt) Read more at: www.oann.com
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