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Powell: Corporate debt a moderate risk to US economy

Tuesday, May 21, 2019   (0 Comments)
Posted by: Amanda Averch
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The Federal Reserve is monitoring growth of corporate debt and likely consequences if business conditions deteriorate, but so far it presents a moderate risk to the US economy, Chairman Jerome Powell said. "At the same time, the level of debt certainly could stress borrowers if the economy weakens," he said.

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