You are here

US Fed's Powell sees 'no evidence' of overheating economy

BT_20180303_POWELL_3334327.jpg
Mr Powell: Will continue to gradually raise rates to balance unemployment and inflation.

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...

sentifi.com

Market voices on: