'I see no evidence that the U.S. economy is running at capacity or beyond capacity,' Kashkari said Thursday.
Thomson Reuters
The policy-setting Federal Open Market Committee lowered its benchmark interest rate by a quarter percentage point last Wednesday to a target range of between 1.75% and 2%. "I see no evidence that the U.S. economy is running at capacity or beyond capacity," he said at an event at Montana State University Billings. "There's no reason we should have interest rates trying to hold the economy back."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Trump's Fed tweets pull interest-rate expectations lower, new study findsTrump's criticism on Twitter trimmed market expectations for interest rates by a tenth of a percentage point overall, according to the research.
Consulte Mais informação »
The Fed just confirmed raising the minimum wage doesn’t immediately kill jobsThis is the latest report to find that fears of the $15 minimum wage leading to a restaurant apocalypse could be misplaced.
Consulte Mais informação »
Fed Adds $75 Billion to Financial System in Latest TransactionThe Federal Reserve Bank of New York added $75 billion to the financial system, using the market for overnight repurchase agreements, or repo, to relieve funding pressure in money markets.
Consulte Mais informação »
The Fed will be growing its balance sheet again, but don't call it 'QE4'The Federal Reserve will be conducting operations that look and sound a lot like what it did to pull the economy out of the financial crisis. However, the process this time around will be different in the details.
Consulte Mais informação »
James Bullard says the Fed still has a 'little more to go' with rate cutsSt. Louis Fed President James Bullard told CNBC on Wednesday that he thinks the central bank should continue cutting interest rates.
Consulte Mais informação »
Predicting The Unpredictable: Israeli Elections, Fed Policy, U.S.-China Trade War, And BrexitForward-looking updates from GeoQuant's high-frequency political risk intelligence platform.
Consulte Mais informação »