Fed's Powell: Risks to Economic Outlook Seen as 'Roughly Balanced'

Market news

17 July 2018

Fed's Powell: Risks to Economic Outlook Seen as 'Roughly Balanced'

Expect Strong Job Market, Near-2% Inflation to Remain for Next Several Years
Difficult to Predict Outcome of Trade Policy Discussions, Fiscal Policy Changes
Moderate Wage Growth Is Not Causing High Inflation
Unemployment Rate Is Low, Expected to Fall Further

Fed's Powell: Interest Rates, Financial Conditions Remain Favorable to Growth

Powell Says Fed Should Keep Gradually Raising Interest Rates

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