ETFMG Market Segment Expert in Bond Buyer

Powell calls coronavirus a risk in monetary policy report

The economy grew “moderately” and the labor market continued to strength last year, Federal Reserve Board Chair Jerome Powell said in the latest monetary policy report, submitted to Congress on Friday. While downside risks to the outlook have “receded somewhat,” the coronavirus is a new concern.

Read more here: https://www.bondbuyer.com/news/powell-calls-coronavirus-a-risk-in-monetary-policy-report

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