Fed's Powell: Global picture still positive despite emerging-market risks

FOMC Chairman Jerome Powell delivered additional comments following his prepared speech at the 60th Annual Meeting of the National Association for Business Economics, Boston, Massachusetts.

Key quotes (via Reuters)

• Still room for U.S. Fiscal policy to support demand.
• U.S. trade tariffs could increase prices.
• Not yet seeing effects from U.S. trade policy.
• Inflation rise above target would not cause fed to sell assets.
• Global picture still positive despite emerging-market risks.