US ECONOMY POISED FOR STRONG GROWTH SAYS FEDERAL RESERVE CHAIR JEROME POWELL

Highlights

• Speaking to CBS' 60 Minutes, chair Jerome Powell said that he is not expecting to raise the Fed’s benchmark interest rate, which at present is pegged at around zero

• The Fed is keenly studying the development of a digital dollar, but has not yet made a decision on whether to proceed said Powell

In a recent interview broadcast, the chair of Federal Reserve Jerome Powell has said th....