Powell says ‘significant’ changes to economy would be picked up despite shutdown #Reuters
Powell says ‘significant’ changes to economy would be picked up despite shutdown
A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point, which included a nod to the data limits the Fed faces during the current federal government shutdown.
Chairman Jerome Powell said the Fed would be able to pick up significant changes to the economy even in the absence of key government data due to the shutdown.
#interest #rate #economy #shutdown #money
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