Fed 'closely monitoring' trade impact on economy: Powell - Mr.IT

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Fed 'closely monitoring' trade impact on economy: Powell

Fed 'closely monitoring' trade impact on economy: Powell

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Fed 'closely monitoring' trade impact on economy: PowellThe US central bank is "closely monitoring" trade disputes and the implications for the economy, Federal Reserve Chairman Jerome Powell said Tuesday. Some analysts saw Powell's comment as opening the door to lowering the benchmark interest rate, which the central bank had not entertained until now.




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