Fed chair meets with Trump at the White House

19 Novembre, 2019, 12:49 | Auteur: Auguste Feret
  • Federal Reserve Powell

President Trump and Federal Reserve Chairman Jerome Powell are pictured in this combined photo.

But Trump said "everything was discussed" including interest rates, negative interest, low inflation, easing, Dollar strength and its effect on manufacturing, trade with China, the European Union and other countries.

President Trump and Federal Reserve Chair Jerome Powell huddled at the White House Monday, and the Fed announced that Powell had told the commander-in-chief that politics would play no role in its decisions on monetary policy. "& others, etc.", Trump tweeted.

Powell attended the meeting, which comes amid an unprecedented campaign of public attacks on the central bank, at the invitation of the president, and was joined by Treasury Secretary Steven Mnuchin, the Fed said in a statement.

Previous US presidents generally respected the Fed's independence.

Powell's statement said the Federal Reserve would continue to set monetary policy independently.

The Fed statement asserted Powell's comments were consistent with last week's congressional testimony and did not concern 'expectations for monetary policy, ' except to say it will depend entirely on new economic information.

Blind uni student 'dragged' out of debate
Azamati sat in another seat offered by another member before the staff attempted to remove him. The student was then confronted by a security guard when he tried to return to his seat so Mr.

Une femme enceinte retrouvée morte dans la forêt, tuée par des chiens
Une autopsie sera menée ce lundi pour confirmer ces observations et déterminer le type et le nombre d'animaux impliqués. La victime aurait été tuée par des morsures de chiens selon le premier examen du médecin légiste.

Disney Plus: The complete list and Australian pricing
After 84 years (okay, a week) of watching the US chat about Disney+ and The Mandalorian , it's finally Australia's turn. This means you can watch titles like including Toy Story , Finding Nemo , and Cars with your subscription.

The Fed announced the meeting in a morning press release, and Trump on Twitter called the session "good & cordial", a contrast with prior statements that have included calling US central bankers "boneheads" for not cutting interest rates and labeling Powell personally as an enemy of the United States on a par with China leader Xi Jinping. Very Selfish!' he tweeted over the summer.

Trump has been highly critical of the central bank and its chair.

Less than 24 hours after that decision, Trump laid into Powell again, saying people were "VERY disappointed" in him and the Fed. No 'guts, ' no sense, no vision!

Trump has repeatedly bashed the Fed to lower rates further, even suggesting that the United States should have negative interest rates like Japan and much of Europe, a scenario that typically happens only when the economy is in a dire place.

But, after the most recent cut, Powell said last month the central bank will hold its fire for now as officials wait to see how the economy progresses.

Powell met Trump in February, and in each of the three following months the two had a brief telephone conversation.

Conseillé:



Populaire

Taliban commanders part of swap for Western hostages arrive in Qatar
The trio includes Anas Haqqani, the younger brother of Taliban deputy Sirajuddin Haqqani who also heads the fearsome Haqqani network .

Manchester City target Bayern Munich star as Leroy Sane replacement
Manchester City are reportedly keeping tabs on Bayern Munich 's Kingsley Coman in case Leroy Sane joins the Bundesliga giants. They are unlikely to agree to Coman leaving, but that may not stop City from lining up a potential swap deal in the new year.

Chris Lynn creates T10 history: Details here
Another exciting edition of the Indian Premier League ( IPL ) is round the corner and buzz around it has already started. He scored at a strike rate of over 180 in 2017 while backed himself with 491 runs in the next season of the tournament.

Qantas stands by its crew over Will.i.am's racist claim
Qantas, which called the incident a "misunderstanding", has requested the rapper to retract his statement. Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne.

Tomas Berdych Announces Retirement, Ends 17-Year-Old Tennis Career
My body doesn't allow me to do so", Atptour.com quoted Berdych as saying."I always look at situations very realistically.

Alex Marquez chez Honda Repsol — MotoGP
Honda Racing Corporation a mis un terme au débat et donne raison à son pilote phare en recrutant Alex Marquez pour la saison 2020. Marc Marquez , lui, évoquait la piste de son petit frère tout juste auréolé du titre de champion du monde Moto2 .

U.S. impeachment hearings: President Donald Trump will 'strongly consider' testifying
Democrat Peter Welch responded at the time , "I would be glad to have the person who started it all come in and testify". Williams was listening to the call as it occurred, according to the transcript of her deposition released Sunday .

Vaughn Taylor, Brendon Todd share Mayakoba lead ahead of Monday finish
I'm overcome with emotion right now", the 34-year-old said shortly after clinching only the third PGA Tour win of his career.

Amazon deforestation hits worst level in 11 years
Scientists say the Amazon has suffered losses at an accelerated rate since Mr Bolsonaro took office in January . In July and August, fires in the Amazon region spread at a pace unseen since 2010, before slowing in September.

Twist in Patrick Frazee trial ahead of closing arguments
Lee testified that she sent the last message from Berreth's phone to Frazee - "Do you even love me?" - after returning to Idaho. Authorities said that after interviewing numerous people they had gathered enough evidence to swear out a warrant.