Pledging ‘appropriate’ action on trade risk, Fed’s Powell seen opening door to rate cut

June 4, 2019 admin Business News Comments Off on Pledging ‘appropriate’ action on trade risk, Fed’s Powell seen opening door to rate cut

U.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank will “act as appropriate” in response to risks posed by a trade war, remarks that may open the door to the possibility of a rate cut.

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Source:: Reuters – Business News