FOMC Chairman Jerome Powell delivered additional comments following his prepared speech at the 60th Annual Meeting of the National Association for Business Economics, Boston, Massachusetts.
Key quotes (via Reuters)
- Still room for U.S. Fiscal policy to support demand.
- U.S. trade tariffs could increase prices.
- Not yet seeing effects from U.S. trade policy.
- Inflation rise above target would not cause fed to sell assets.
- Global picture still positive despite emerging-market risks.
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