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Fed Chair Powell says U.S. economy 'resilient,' but warns on coronavirus, productivity

FILE PHOTO: Jerome Powell holds a news conference in Washington
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WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell was fairly upbeat about the outlook for the U.S. economy in the first of his twice-a-year updates to Congress Tuesday, but cited a potential threat from the coronavirus in China and concerns about the economy's long-term health. The U.S. economic expansion, now in its 11th year, is the longest on record. Over the second half of 2019 "the..
Date Published: Feb 11, 2020
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