fxstreet.com 23 Feb, 2021 17:00 am

Fed's Powell says economy a long way from goals, dollar edges lower

-- more to come FOMC Chairman Jerome Powell testimony before Senate Banking Committee – live stream Earlier, the Conference Board's Consumer Confiden

Jerome Powell, Chairman of the Federal Reserve, has said that the economy remains a long way from achieving its inflation and employment goals.FOMC Chairman Jerome Powell testimony before Senate Banking Committee – live stream FOMC Chairman Jerome Powell testimony before Senate Banking Committee – live stream Here is how the move looks on EUR/USD, which is off the lows: Earlier, the Conference Board's Consumer Confidence gauge for February came out at 91.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

His prepared remarks ahead of a testimony to Congress also acknowledge that the outlook has brightened.All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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