Instant View – Fed will respond ‘as appropriate’ to risks like trade war: Powell
June 4, 2019U.S. manufacturing struggling as orders, shipments decline
June 4, 2019Powell: Fed will act ‘as appropriate’ in face of trade, other risks
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The Federal Reserve will respond “as appropriate” to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.
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