Federal Reserve Bank of Atlanta president discusses the economy

Boston Federal Reserve Bank President Eric Rosengren, who dissented from the central bank's decision to cut interest rates earlier this week, repeated on Friday that monetary stimulus was not needed for the U.S. economy and posed its own problems......»»

Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy in a deteriorating global economy, but stopped short of committing to rapid-fire rate cuts and drew fire from President Donald Trump......»»

President Donald Trump wants the Federal Reserve to help head off a feared economic slowdown, but it's not clear the central bank has enough firepower left to do so......»»

It has become a jarring and frequent contradiction. President Donald Trump blames the Federal Reserve for putting the U.S. economy at risk while data shows an economy in "reasonably good" shape, as the head of the central bank recently said......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

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John Williams started as president and CEO of the Federal Reserve Bank of New York last summer, after more than 20 years at the San Francisco Fed. Now based in New York City, he recently visited the Albany region to speak with business owners, poli.....»»

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The Fed’s consideration of an interest-rate cut to counter the president’s trade war puts the central bank and its chair — which have prioritized independence from politics — in an uncomfortable position......»»

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A top Federal Reserve official said the central bank might have to cut interest rates soon because of low inflation and the threat to the economy from President Trump’s festering trade fights with China and other countries......»»

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Dallas Federal Reserve Bank President Robert Kaplan on Monday reiterated his view that globalization and trade boost rather than hurt the U.S. economy, and said he is hopeful that the United States and China can resolve current tensions......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

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