Fed chairman Jerome Powell acknowledges economic turbulence but stops short of indicating next moves on interest rates. Follow live updates:
that the economy has grown more turbulent in the three weeks since the Fed cut rates for the first time in a decade.
"We are carefully watching developments as we assess their implications for the US outlook and the path of monetary policy," Powell said, speaking at an annual economic symposium in Jackson Hole, Wyoming. Here's what the President tweeted just an hour before Powell was set to take the stage at the economic conference:
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