Fed's Powell, Facing Dissent, Says Officials Shouldn't `Overreact' to Slowdown
Federal Reserve Chairman Jerome Powell says the central bank shouldn't 'overreact' to signals that the U.S. economy might be slowing. His comments, made during an onstage interview, came after at least one member of the central bank's monetary-policy committee voted last week to cut official U.S. interest rates, bucking Powell's push to keep them at their current level.
