Federal Reserve Chairman Jerome Powell said Friday the central bank is monitoring the coronavirus for risks it poses to the U.S. economy and pledged action if necessary. "The fundamentals of the U.S.
Federal Reserve Chairman Jerome Powell said Friday the central bank is monitoring the coronavirus for risks it poses to the U.S. economy and pledged action if necessary.
"The fundamentals of the U.S. economy remain strong," Powell said in a mid-day statement. "However, the coronavirus poses evolving risks to economic activity."
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