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Powell: Coronavirus very serious issue
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Fed's Powell: There is likely to be some disruption to activity in China and possibly globally based on the spread of the virus to date in travel restrictions and business closures that have already been imposed. https://t.co/qXWLHrEwEX
— Breaking Market News (@financialjuice) January 29, 2020
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Fed's Powell: There will clearly be implications at least in the near term for Chinese output and I would guess for some of their close neighbours and we'll just have to see what the effect is globally - On Coronavirus. https://t.co/XRMDLolH08
— Breaking Market News (@financialjuice) January 29, 2020
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Fed's Powell: There may well be a role for repo in this system, even after we're at an ample reserves level - On standing repo facility. https://t.co/k1y2W3alfi
— Breaking Market News (@financialjuice) January 29, 2020
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Fed's Powell Q&A: Fact of "Phase One" and USMCA is closer, "without question" is positive. Sustained reduction in uncertainty should improve business investment. But trade uncertainty still there. "It hasn't gone away." #Powell #federalreserve #FOMC #economy @anthonymace
— Mace News (@MaceNewsMacro) January 29, 2020
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