Fed Chairman Jerome Powell hints at possible rate cut if necessary, citing trade war with China

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美연준 의장, 무역전쟁發 금리인하론 시사… 적절히 대응 The head of the U.S. Federal Reserve has hinted at a possible interest rate cut if necessary. Speaking in Chicago on Tuesday,... Fed Chairman Jerome Powell said the central bank is closely monitoring the ongoing U.S.-China trade tensions and will act (quote) as appropriate to sustain a strong labor market and inflation near the Fed's two percent target. This is in stark contrast to his earlier remarks,... in which Powell had not explicitly mentioned a need for rate cut despite President Trump's continued demands for one.