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Fed’s Powell: Fed patient and watching risks

Updated: 1 Mar. 2019 | 02:22

While the economy is in a good place, the Federal Reserve is watching risks and will be patient on interest rates, Federal Reserve Chairman Jerome Powell said on Friday.

Key quotes (Reuters)

Signs of upward pressure on inflation ‘muted’.
The recent rise in productivity leaves room for wages to increase without raising inflation concerns.
Urges policies to boost labor force participation, productivity.

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