Fed's Powell says 'ready for whatever happens' in Brexit vote
Reuters
Published Jun 22, 2016 08:41AM ET
Fed's Powell says 'ready for whatever happens' in Brexit vote
(Reuters) - Federal Reserve Governor Jerome Powell said on Wednesday that the Fed was "ready for whatever happens" in Britain's close-to-call vote on European Union membership on Thursday.
The vote, which echoes the rise of populism elsewhere in Europe and the United States, will shape the future of Europe. A victory for "out" could unleash turmoil on financial markets.
While opinion polls suggested the vote was too close to call, the implied probability of a vote to remain in the EU was at 76 percent, according to Betfair betting odds.
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Written By: Reuters
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