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International Business Times
International Business Times
World

US Fed Chair Flags Policy Uncertainty But In No Rush To Adjust Rates

US Federal Reserve Board Chair Jerome Powell said the central bank does not need to rush to adjust interest rates (Credit: AFP)

US Federal Reserve Chair Jerome Powell flagged high uncertainty Friday surrounding President Donald Trump's economic policies and their effects, but maintained that the central bank need not rush to adjust interest rates.

"It is the net effect of these policy changes that will matter for the economy and for the path of monetary policy," Powell told a forum in New York.

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