Federal Reserve Governor Jerome Powell
In the Q&A now
- Fed should be moving slowly toward more neutral stance
- Hike won't impact potential infrastructure plan much
- Federal Reserve interest rate hikes will not have much impact on government borrowing costs
Aaaaannd, that's it from Powell, Q&A concluded
As a Governor, Powell has a permanent vote on the Federal Open Market Committee
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Powell spoke earlier without commenting on the economic outlook nor on monetary policy