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

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.