Statement from Federal Reserve Chair Jerome H. Powell| site |




(February 28, 2020) - - Today (February 28, 2020) the Board of Governors of the Federal Reserve System published the following Statement from Federal Reserve Chair Jerome H. Powell:

The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. The Federal Reserve is closely monitoring developments and their implications for the economic outlook. We will use our tools and act as appropriate to support the economy.