Powell sees healthy economy with ‘crosscurrents’ to watch

FEDERAL RESERVE CHAIRMAN Jerome Powell said that the United States had a healthy economy that has shown
FEDERAL RESERVE CHAIRMAN Jerome Powell said that the United States had a healthy economy that has shown "crosscurrents" that warrant a patient approach to policy decisions. / BLOOMBERG NEWS FILE PHOTO/AL DRAGO
NEW YORK - Federal Reserve Chairman Jerome Powell said a healthy United States economy has faced some “crosscurrents and conflicting signals” that officials in January decided warranted taking a patient approach to future interest-rate changes. With inflation pressures “muted,” the Federal Open Market Committee in its decision last month to keep interest rates unchanged “determined that…

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