Following the Federal Open Market Committee's (FOMC) decision to lower the federal funds target rate by 25 basis points to 1.5% - 1.75% range, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is responding to questions from the press, with key quotes, via Reuters, found below. "The Fed does not see any evidence that business investment will weaken further." "The Fed now sees the effects of more accommodative monetary policy more clearly." "The Fed's monetary policy framework review will be done every few years." "It seems like there are the makings of a US-China trade deal." "It is likely ... (full story)