Daily Briefing: No big trade signal as Powell takes the stand

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Daily Briefing: No big trade signal as Powell takes the stand
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Daily Briefing: Federal Reserve Chairman Jerome Powell to testify to U.S. Congress Trump says China trade deal 'close' but offers no new details on negotiations Asian stocks hit by confusing signals in U.S.-China trade talks and Hong Kong unrest

Federal Reserve Chair Jerome Powell holds a news conference following the Oct. 29-30 Federal Open Market Committee meeting in Washington, U.S., October 30, 2019. REUTERS/Sarah Silbiger

He went on to blame the Fed for the slowdown in the economy and said, referring to negative interest rates overseas, “Give me some of that.” Fed Chairman Jerome Powell testifies to Congress later and is expected to reiterate policy is on pause for the remainder of 2019, following three consecutive rate cuts this year.

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