Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the Monetary Policy Strategy, Tools, and Communication Practices Conference in Chicago, Illinois, U.S. (Photographer: Taylor Glascock/Bloomberg)

Powell’s Concern Over Zero Rates Expected to Lower Bar for Fed Cut

Jun 16 2019, 8:00 PMJun 17 2019, 5:30 AMJune 16 2019, 8:00 PMJune 17 2019, 5:30 AM

(Bloomberg) -- Chairman Jerome Powell’s frequent assurance that sustaining the U.S. economic expansion is the Federal Reserve’s “overarching’’ goal is opening the door to potentially aggressive int...