Powell was asked: 'Have you stopped raising rates?' Answer: 'Good question … '

Author: Eamonn Sheridan | Category: Central Banks

Federal Reserve Chairman Jerome Powell appeared on the US TV show '60 Minutes' on Sunday

Adam had the coverage here at ForexLive

But … if you are after the full transcript of his interview, its here.

SCOTT PELLEY: Have you stopped raising rates?

FED CHAIR JEROME POWELL: Well, that's a good question. We see the economy as in a good place. We think that the outlook is a favorable one. Inflation is muted and our policy rate we think is in an appropriate place. So what we've said is that we would be patient as we watch to see how global economic conditions evolve and how our own economy evolves.

Worth a read while we await … well, MOAR Brexit headlines I guess :-D 

Federal Reserve Chairman Jerome Powell appeared on the US TV show '60 Minutes' on Sunday

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