Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

Fed's Powell says trade, global growth concerns continue to weigh on U.S. economy

Reuters Wednesday, 10 July 2019 ()
Concerns about trade policy and a weak global economy "continue to weigh on the U.S. economic outlook" and the Federal Reserve stands ready to "act as appropriate" to sustain a decade-long expansion, Fed Chairman Jerome Powell said on Wednesday in remarks that could bolster expectations of an interest rate cut later this month.
0
shares
ShareTweetSavePostSend
 
Credit: Rumble - Published < > Embed
News video: Powell testimony bolsters chance of July rate cut

Powell testimony bolsters chance of July rate cut 02:36

Federal Reserve Chairman Jerome Powell told the House Financial Services committee on Wednesday concerns about trade policy and a weak global economy are clouding the U.S. economic outlook and the Fed is ready to act appropriately to safeguard the economy, remarks that boosted hopes the Fed will cut...

You Might Like


Recent related videos from verified sources

What China's Slowing Growth Means for the U.S.-China Trade Deal [Video]What China's Slowing Growth Means for the U.S.-China Trade Deal

So, what's going on with China? In case you missed it, China's economic growth slowed to its weakest growth in almost three decades. China's second-quarter GDP growth rate came in at 6.2%, officials..

Credit: The Street     Duration: 01:20Published

What Bitcoin Taught Government Officials About Facebook's Libra [Video]What Bitcoin Taught Government Officials About Facebook's Libra

Facebook's Libra a hot topic during Federal Reserve Chair Jerome Powell's two-day congressional, President Donald Trump shared his view on Real Money Stock of the Day Facebook's digital currency Libra..

Credit: The Street     Duration: 00:39Published

Here's What to Know on Fed's Powell's Two Days With Congress [Video]Here's What to Know on Fed's Powell's Two Days With Congress

Jerome Powell, chairman of the Federal Reserve can breath a sigh of relief now that he's finished answered pressing questions from Congress. But the market can breath, too, because it looks like it..

Credit: The Street     Duration: 01:43Published

Jim Cramer's Weighing in on Bed, Bath & Beyond's Quarter and the Markets [Video]Jim Cramer's Weighing in on Bed, Bath & Beyond's Quarter and the Markets

Happy almost Friday. Jim Cramer's weighing in on Bed, Bath & Beyond's quarter and what he expects from day two of Federal Reserve Chairman Jay Powell's testimony in front of the House Financial..

Credit: The Street     Duration: 12:23Published


Recent related news from verified sources

Stocks are rallying after the Fed signals it's willing to cut interest rates

** ยท *Stocks rallied on Wednesday after Federal Reserve Chair Jerome Powell told Congress that trade and global growth concerns "continue to weigh on the US...
Business Insider

Instant view: Powell - Fed stands ready to act "as appropriate" to sustain expansion

Concerns about trade policy and a weak global economy "continue to weigh on the U.S. economic outlook" and the Federal Reserve stands ready to "act as...
Reuters

Fed's Powell bolsters rate cut view on trade, global growth concerns

Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to 'act as...
Reuters

Oil prices ease as trade disputes outweigh supply concerns

Oil prices dipped on Tuesday on demand concerns following the latest signs the U.S.-China trade war is dragging on the global economy, although the potential for...
Reuters


Other recent news in Front Page

Amazon PRIME DAY 2019 scams plague online shoppers looking for best dealsDeals, protests during AMAZON PRIME DAY
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.