federal reserve – Thinking Port

Fed keeps lending rate, to focus on low inflation

December 12, 2019 admin fed, federal reserve, Foreign Business, foreign business news, jerome powell, us central bank

Credit to Author: Agence France-Presse| Date: Thu, 12 Dec 2019 13:00:00 +0000

WASHINGTON, D.C.: The Federal Reserve (Fed) maintained its key lending rate on Wednesday (Thursday in Manila), but said it will turn its sights to low inflation and developments in the world economy. That was a signal that central bankers, who have repeatedly pledged to change course if needed, are monitoring the global slowdown and persistent […]

Manila News Philippines

Fed chief reasserts independence in talks with Trump

November 19, 2019 admin Donald Trump, fed, federal reserve, Foreign Business, jerome powell, Trump

Credit to Author: Agence France-Presse| Date: Tue, 19 Nov 2019 13:30:16 +0000

WASHINGTON, D.C.: Federal Reserve (Fed) Chairman Jerome Powell reasserted the independence of the US central bank during White House talks with President Donald Trump on Monday (Tuesday in Manila). 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 […]