Powell Says Fed Prepared to Provide Stimulus if a Slowdown Hits U.S. Economy

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Powell Says Fed Prepared to Provide Stimulus if a Slowdown Hits U.S. Economy
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Federal Reserve Chairman Jerome Powell said the central bank is prepared to provide stimulus if needed, but warns trade policy uncertainty is creating challenges

But he stopped short of signaling the start of a more aggressive easing campaign. Instead, the Fed chairman used a widely anticipated speech Friday to warn about the limits that monetary stimulus faced in comprehensively addressing business-confidence woes and market turbulence.

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