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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
23,575
4624hr
Pakistan Cases
1,047,999
4,72224hr
8.15% positivity
Sindh
389,699
Punjab
359,321
Balochistan
30,749
Islamabad
88,676
KPK
145,862

WASHINGTON: Federal Reserve Chair Jerome Powell stressed Friday that the US central bank will act to ensure the economic expansion continues, even in the face of "significant risks" posed by slowing global growth.

But as Beijing stepped up retaliation in the US-China trade war, Powell warned that trade tensions are exacerbating the global slowdown and the Fed doesn't have a "rulebook" for dealing with the fallout.

Powell at the same time played down concerns further stimulus could spark a surge in inflation, saying, "Low inflation seems to be the problem of this era, not high inflation."

Copyright AFP (Agence France-Press), 2019