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Powell says Fed ready to act as coronavirus poses 'evolving' economic risks

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Federal Reserve Chair Jerome Powell on Friday said the central bank will "act as appropriate" to support the economy in the face of risks posed by the coronavirus epidemic, though he said the economy remains in good shape overall.

[WASHINGTON] Federal Reserve Chair Jerome Powell on Friday said the central bank will "act as appropriate" to support the economy in the face of risks posed by the coronavirus epidemic, though he said the economy remains in good shape overall.

"The fundamentals of the US economy remain...

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