Fed's Powell affirms rate cut view; see U.S. economy humming
Share:
ATLANTA/VICTOR, Idaho (Reuters) - As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of continued U.S. economic growth and a solid business outlook.The contrasting remarks show the dilemma the Fed faces as it heads towards an end-of-month monetary policy meeting now broadly expected to end with a rate reduction.On one hand - emphasized by Powell in..