The Federal Reserve is keeping a close eye on the coronavirus outbreak, which "could lead to disruptions in China that spill over to the rest of the global economy," says Fed Chair Jerome Powell. The current monetary policy approach "will likely remain appropriate" as long as incoming data aligns with the Fed's outlook, he says.
Fed chair addresses coronavirus, monetary policy
Sign up for IFA SmartBrief
The latest franchising news and trends
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.