press releases · February 27, 2020

Press Release

February 28, 2020

Statement from Federal Reserve Chair Jerome H. Powell

For release at 2:30 p.m. EST

The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. The Federal Reserve is closely monitoring developments and their implications for the economic outlook. We will use our tools and act as appropriate to support the economy.

For media inquiries, call 202-452-2955.

Cite this document

APA

Federal Reserve (2020, February 27). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20200228_statement_from_federal_reserve_chair_jerome_h

BibTeX

@misc{wtfs_press_release_20200228_statement_from_federal_reserve_chair_jerome_h,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2020},
  month = {Feb},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20200228_statement_from_federal_reserve_chair_jerome_h},
  note = {Retrieved via When the Fed Speaks corpus}
}