JOHNSON COUNTY AREA NEWS, PUBLIC RECORDS AND PUBLIC NOTICES
 
The Legal Record
 
VOL. 122, NO. 7 ONLINE EDITION February 18, 2020
A WEEKLY COMMUNITY NEWSPAPER OF GENERAL CIRCULATION SERVING JOHNSON COUNTY, KANSAS
 
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Fed chief: Economy looks resilient despite risk of virus
Federal Reserve Chairman Jerome Powell on Feb. 11 said that the U.S. economy appears durable, with steady growth and unemployment near a half-century low, but faces risks from the broadening viral outbreak that began in China. Powell also said that the Fed is content with where interest rates are, suggesting that no further rate cuts would be contemplated unless economic conditions were to change significantly. Since last fall, the Fed has kept its benchmark short-term rate in a low range of 1.5...more for subscribers.
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