Central bank leader says Congress has insulated Fed from short-term political pressure for important reasons
Federal Reserve officials are debating whether uncertainty over the Trump administration’s trade policy will cause the economy to slow and warrant rate cuts later this year, Fed Chairman Jerome Powell said Tuesday.
Many Fed officials “judge that the case for somewhat more accommodative policy has strengthened,” Mr. Powell said in opening remarks before the Council on Foreign Relations in New York. “But we are also mindful that monetary policy should not overreact to any individual data point or short-term swing in sentiment....
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
GOP Rep. Duncan Hunter Used Campaign Funds to Pursue ‘Intimate’ Extramarital Affairs: FedsREUTERSRep. Duncan Hunter (R-CA) used campaign funds to pay for “intimate” encounters with several women, including one skiing rendezvous with a lobbyist in Lake Tahoe, the Justice Department alleged in new court filings. Hunter, 42, and his wife were indicted last August with conspiracy, wire fraud,
Consulte Mais informação »
Powell says Fed is wrestling with whether to cut rates, insulated from politicsFederal Reserve Chairman Jerome Powell says the Fed is wrestling with whether to cut rates as President Trump has demanded
Consulte Mais informação »
Feds probe 'quality' of repairs on plane in Hawaii crashFederal investigators will be looking at repair and inspection records on the skydiving plane that crashed shortly after takeoff on Oahu's North Shore, killing all 11 people on board in the deadliest civil aviation accident since 2011
Consulte Mais informação »
Watch Fed Chair Jerome Powell speak live as market awaits hints on future rate cutsFederal Reserve Chairman Jerome Powell was scheduled to deliver a speech Tuesday at the Council on Foreign Relations in New York, followed by a question and answer session.
Consulte Mais informação »
Trump maintains he could fire Fed’s Powell ‘if I wanted to’President Donald Trump insisted Monday that he has the authority to fire Federal Reserve Chairman Jerome Powell, though he added he has no plans to do so.
Consulte Mais informação »