U.S. trade uncertainties sparked business ‘shock’: Fed chief Jerome Powell

President Donald Trump’s aggressive trade actions sparked a “shock” to business confidence that could impact the economy, and contributes to the case for cutting rates, Federal Reserve Chairman Jerome Powell said Wednesday.While sentiment has recovered some in recent weeks, businesses around the country have been telling the Fed about their concerns about material prices and […]
Source: http://www.japantimes.co.jp/rss

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