Fed Chairman Powell expects gradual rate hikes

미 연준의장 "기준금리 점진적 인상이 최선" The U.S. Federal Reserve will continue to increase interest rates... as the U.S. economic outlook remains strong. Federal Reserve Chairman Jerome Powell delivered an upbeat assessment of the U.S. economy on Tuesday,.... saying it justified further interest rate increases. Powell cited low unemployment and inflation close to the Fed's two percent target. The U.S. central bank has increased the federal funds rate *twice so far this year,.... to a range of 1-point-7-5 to 2-percent. However, the Fed chair acknowledged that the escalating trade conflicts and threat of tariffs between the U.S. and several countries, including China... could have a negative effect on the local economy. But despite such concerns on trade,.... Powell said,he believes raising interest rates gradually is the best option, at least "for now". Arirang News Facebook:   / arirangtvnews   ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV:    / arirang   ARIRANG RADIO:    / music180arirang   ARIRANG NEWS:    / arirangnews   ARIRANG K-POP:    / arirangworld   ARIRANG ISSUE:    / arirangtoday   ARIRANG CULTURE:    / arirangkorean   ARIRANG FOOD & TRAVEL :    / arirangfoodtravel   ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook:   / arirangtv   Twitter:   / arirangworld   Instagram:   / arirangworld   Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube:    / arirangworld   Facebook:   / arirangkpop   Google+: http://plus.google.com/+arirangworld