"What matters for the economy is overall financial conditions. The dollar is higher...Credit spreads are wider. That adds up to a modest tightening," Powell said.
(Reporting by Howard Schneider; Editing by Diane Craft)"What matters for the economy is overall financial conditions. The dollar is higher...Credit spreads are wider. That adds up to a modest tightening," Powell said.
(Reporting by Howard Schneider; Editing by Diane Craft)