Federal Reserve Lower Rates 25 bps as Expected, Monitoring Economic Growth

Helmholtz Watson

[b]Fed Powell Q&A:
It would take a ‘material reassessment’ of outlook to shift stance
Risks to the outlook have shifted more positively
Consumer facing companies say consumers doing well
Economy has been resilient to winds blowing this year
Today’s business investment in GDP was weak
Says he was generally referring to less uncertainty on trade