Share
February 11, 202019.07 The impact of the coronavirus emergency on the Chinese economy may extend to the global economy. So the president of the Federal Reserve, Powell, in his hearing before the US Congress, assuring: "The Fed is closely monitoring developments in the situation." Powell points out that the new coronavirus threat comes at a time when tensions have eased and trade uncertainties have eased. He still defines the Fed's current monetary policy as "appropriate" and calls for a "more sustainable" US budget.Fed: coronavirus, global impact risk
2020-02-11T18:34:31.150Z
19.07 The impact of the coronavirus emergency on the Chinese economy can extend to the global economy. So the president of the Federal Reserve, Powell, in his hearing before the US Congress, assuring: "The Fed is closely monitoring developments in the situation." Powell points out that the new coronavirus threat comes at a time when tensions have eased and trade uncertainties have eased. He still defines the Fed's current monetary policy as "appropriate" and calls for a "more sustainable" US budget.
Source: rainews