Fed Chairman Powell Sees No Need to Change Rate Policy

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Fed Chairman Powell Sees No Need to Change Rate Policy
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'Our interest-rate policy is in a very good place right now,' Fed Chairman Jerome Powell said in a '60 Minutes' interview

Federal Reserve Chairman Jerome Powell said the U.S. economic outlook is favorable and that the economy doesn’t require higher or lower interest rates now. “Our interest-rate policy is in a very good place,” he said during a rare television interview broadcast on CBS Sunday night.

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