Fed's Powell says economy in good place, warns on coronavirus

WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell told Congress on Tuesday that the U.S. economy is in a good place, even as he cited the potential threat from the coronavirus in China and concerns about the economy's long-term health. With risks like trade policy uncertainty receding and global growth stabilizing, "we find the U.S. economy in a very good place, performing well," Powell told the U.S. House of Representatives Financial Services Committee. The U.S. economic expansion, now..