Fed boosted its benchmark

Powell says outlook strong, signaling gradual rate hikes

WASHINGTON /February 27, 2018 (AP)(STL.News) —Federal Reserve Chairman Jerome Powell, making his first public comments as leader of the nation’s central bank, told Congress Tuesday that the outlook for the U.S. economy “remains strong” despite the recent stock market turbulence. He said that bright prospects for growth and employment will allow the Fed to continue … Continue reading Powell says outlook strong, signaling gradual rate hikes