Stuart Jay Powell News Today

To sustain the expansion, while continuing to monitor Economic Data coming in for the future path where the rates should go. The fed still sees uncertainty in the outlook Going Forward and acknowledges that business, fixed Business Investment growth has been soft. Consumer spending they do say has picked up. Now the fed lowered payments on excess reserves to 2. 1 . The bottom line a quarter percentage point of a cut in the Federal Reserve federal funds rate and stopping the Balance Sheet roleoff...