Technical Analysis

Powell was asked: ‘Have you stopped raising rates?’ Answer: ‘Good question … ‘

Federal Reserve Chairman Jerome Powell appeared on the US TV show ’60 Minutes’ on Sunday

Adam had the coverage here at ForexLive

But … if you are after the full transcript of his interview, its here.

SCOTT PELLEY: Have you stopped raising rates?

POWELL: Well, that’s a good question. We see the economy as in a good
place. We think that the outlook is a favorable one. Inflation is muted
and our policy rate we think is in an appropriate place. So what we’ve
said is that we would be patient as we watch to see how global economic
conditions evolve and how our own economy evolves.

Worth a read while we await … well, MOAR Brexit headlines I guess :-D 


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