March 22 - Federal Reserve Chair Jerome Powell on Friday opened a"Fed Listens" event on how Americans are experiencing the economy, saying the pandemic has had"lasting" effects and that to make good policy the U.S. central bank cannot rely only on macroeconomic data but needs to hear directly from people and businesses.
He did not make any remarks about the outlook for interest rates, which the central bank held steady in the 5.25%-5.5% range at its meeting earlier this week. The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc.
Source: Financial Digest (financialdigest.net)
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