Powell comments on tariffs, trade

  • Would like to see freer trade, more protectionism would be a negative

Trade issues have not shown up in data yet

On global growth slowing:

  • US economy woven tightly into global supply chains
  • Global growth very important for US economy
  • Seen a bit of a global slow down but not a terrible slowdown in growth
  • Sings of a bit of slow down
  • Monitoring it