Fed's Powell says no major financial stability risks looming right now
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Sept 23 (Reuters) - Federal Reserve Chairman Jerome Powell said Tuesday he’s not worried about financial stability risks amid strong prices for company shares.
“It's not a time of elevated financial stability risks,” Powell said at an appearance in Rhode Island. But he added on the market, “I think if you look at some prices, then they're elevated relative to historical levels,” while adding “we're not targeting any level of prices for particular financial assets.”
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