More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade Tensions
The central bank will "act as appropriate" to sustain the economic expansion as the trade war with China takes a toll on global growth and parts of the U.S. economy, Fed Chairman Jerome Powell says.
by Avie Schneider
Aug 23, 2019
1 minute
Updated at 11:35 a.m. ET
Signalling the possibility of more interest-rate cuts, Federal Reserve Chairman Jerome Powell said the central bank will "act as appropriate" to sustain the economic expansion as the trade war with China takes a toll on
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