Powell on Tuesday noted that asset prices, a category that typically includes stocks and other risk instruments, are at elevated levels.
Federal Reserve Chair Jerome Powell on Tuesday noted that asset prices, a category that typically includes stocks and other risk instruments, are at elevated levels.
During a speech in Providence, Rhode Island, the central bank leader was asked how much emphasis he and his colleagues place on market prices and whether they have a higher tolerance for higher values.
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USA — Financial Fed Chief Powell says stock prices appear 'fairly highly valued'