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Market news

11 July 2019

Fed Chairman Powell: We will use our tools to keep expansion going

  • Trade disputes are inserting uncertainty into global supply chains
  • Trade concerns weigh on U.S. economic outlook
  • Relationship between inflation and unemployment has become weaker
  • The natural rate of employment is lower than we thought
  • Policy has not been as accommodative as we thought
  • U.S. economy in a very good place but uncertainties weigh
  • We've signaled that we are open to more accommodation
  • U.S. consumer part of economy is intact
  • Worried by some weakness in business sector, tied to softness and global manufacturing

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