Powell's answers on questions from Senators

Market news

26 February 2019

Powell's answers on questions from Senators

This is a good time to be patient, to watch and wait
We see muted inflation pressures, which allows us to be patient
It would be great to have clarity on marijuana laws for financial institutions
Certainty around trade and other policies important
Uncertainty is the enemy of business

European stocks closed: FTSE 100 -32.62 7151.12 -0.45% DAX +35.40 11540.79 +0.31% CAC 40 +6.87 5238.72 +0.13%

Remarks of Fed's Powell testimony to U.S. Senate committee

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