U.S. Fed chair says be careful not to prematurely discuss exiting easy monetary policy


By Gao PanXu Yuan
  • World
  • Friday, 15 Jan 2021

WASHINGTON, Jan. 14 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell said on Thursday that the Fed should be careful not to prematurely discuss an exit from ultra-easy monetary policy as the U.S. economy is "far from" the central bank's goals.

"Now is not the time to be talking about exit" from easy money policy, Powell said at a virtual event held by Princeton University. "And by the way, try not to talk about exit if you're sending that signal, because markets are listening."

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