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Powell Declines to Comment on Election Outcome

FED

Q: Are you concerned about election uncertainty? Has Fed discussed w Treasury about what would happen if uncertainty triggered market turmoil/posed risks to the econ outlook?

- A: I'm very reluctant to comment on the election directly or indirectly... I would say at today's meeting, we talk about the economy and markets, we hear reports on how households and businesses are doing, we talk about risks to outlook, what the right policy response might be. And the election comes up now and again, but not at all a central focus of the meeting. So I would just leave it at that.

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