More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade Tensions

Updated at 11:35 a.m. ET Signaling the possibility of more interest-rate cuts, Federal Reserve Chairman Jerome Powell said the central bank will "act as appropriate" to sustain the economic expansion as the trade war with China takes a toll on global growth and the U.S. economy. In prepared remarks Friday to a Kansas City Fed gathering in Jackson Hole, Wyo., Powell said the economy faces "significant risks" and cited several developments that have roiled financial markets in recent weeks....

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It's flu shot season. Signs alerting and urging you to get a flu shot now may be up at your pharmacy or workplace. The Centers for Disease Control and Prevention recommends everyone over 6 months old get a flu shot by the end of October, so the vaccine can begin to work before the influenza season begins.

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SCOTT SIMON, HOST:

China and the U.S. have added more heat to the trade war. President Trump announced the U.S. would increase tariffs on two classes of goods from China an additional 5%. That's in response to $75 billion worth of tariffs that China levied earlier this week.

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