The coronavirus outbreak will 'very likely' affect the US economy, Fed warns

A deadly viral outbreak in China is poised to affect the US economy, but it's too soon to estimate to what extent, Fed Chair Powell warned Tuesday. 
Powell emphasized that the US economy was in a solid place but that the coronavirus presented new risks. 
A growing number of major companies have warned of fallout from the coronavirus.
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A deadly viral outbreak in China is poised to affect the US economy, but it's too soon to estimate to