Weekly Update 6/25/18
At an ECB conference in Portugal, Powell indicated that “concerns seem to be rising†about trade policy (June20). He repeated that, “If you ask is it in the forecast yet, is it in the outlook, the answer is no. And you don’t
see it in the performance of the economy.†However, he noted that “for the first time we are hearing about
decisions to postpone investment, postpone hiring, postpone making decisions. That is a new thing.†In his
speech at the sa....
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