By Paul Kiernan
WASHINGTON--Federal Reserve Chairman Jerome Powell said Wednesday the central bank aims to keep the U.S. economy growing with low unemployment and tame inflation, in remarks prepared for a Federal Reserve event in Kansas City.
Mr. Powell, repeating a speech he made last week, said that while the U.S. economy faces some risks, it is in a good place overall. "Our job is to keep it there as long as possible," he said in prepared remarks.
The speech was virtually identical to one Mr. Powell made at a similar event on Friday in Washington.
(END) Dow Jones Newswires
October 09, 2019 11:14 ET (15:14 GMT)Copyright (c) 2019 Dow Jones & Company, Inc.