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…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -