Fed can afford to be ‘careful’ with policy due to strong US economy, Powell says


Fed Chair Jerome Powell Holds News Conference Following The Federal Open Market Committee Meeting

Win McNamee

With the U.S. strong economy, the Federal Reserve feels it can afford to be careful about its next step in adjusting interest rates, Chair Jerome Powell said on a “60 Minutes” episode aired on Sunday.

“The labor market is strong — 3.7% unemployment — with

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