SUBSCRIBERS
US Fed's Powell sees 'no evidence' of overheating economy
Published Fri, Mar 2, 2018 · 09:50 PM
Washington
FEDERAL Reserve Chairman Jerome Powell said he sees no signs the US economy is overheating even as the outlook for growth strengthens and the labour market tightens.
During congressional testimony on Thursday, he reiterated the central bank will continue to raise rates gradually to keep unemployment and inflation in balance.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Fed officials mull if rates are high enough as inflation expectations jump
US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties
UN General Assembly backs Palestinian bid for membership
US chip workers are likely to quit jobs, worsening labour shortage
India's industrial output up 4.9% year-on-year in March
Pandemic treaty talks end without agreed text, next step up for debate