U.S. Fed chairman says current monetary policy likely to remain appropriate

 

U.S. Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee during the Monetary Policy and the State of the Economy hearing on Capitol Hill in Washington D.C., the United States, on Feb. 11, 2020. U.S. Federal Reserve Chairman Jerome Powell said Tuesday that the current stance of monetary policy will "likely remain appropriate," according to his testimony prepared for a hearing before the House Financial Services Committee. (Photo by Ting Shen/Xinhua)