told CNBC on Friday said that she sees no need to adjust the central bank's current monetary policy and supports the current wait-and-see approach.
Speaking from Stanford, California, Mester said that between robust job gains and stronger GDP growth, the Fed's best course is to continue to act in response to forthcoming economic data. "I fully support our patient approach to looking at what the data's telling us as it comes in," Mester said from Stanford, California. "Our interest rate policy, I think, is exactly appropriate for now and we'll just see how the economy evolves."
"The job market is strong and today's report just reinforces that we have a strong labor market, which is great," she added. "We have inflation a little bit below our target, but stable prices. We have productivity growth growing, which is a good positive for the economy." Mester's comments come after the Fed said in January it will be "patient" about future adjustments to monetary policy after hiking rates four times in 2018. President
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Fed chair: 'Men and women should make the same for the same work'Federal Reserve Chairman Jerome Powell said Wednesday that 'men and women should make the same for the same work, by and large.' Pretty sure that's already a law - has been for a long time, despite the faux outrage by the left on the issue. No reasonable man or woman disputes this. And equal pay per hour is a fact checked. Stop playing gap pay agenda. By & large? WTF is that?!
Source: CNN - 🏆 4. / 95 Read more »
Trump Repeats Calls for Fed to Stimulate GrowthPresident Trump called for the Fed to cut interest rates by 1 percentage point and resume its crisis-era bond-buying program to stimulate economic growth. Finally we got a guy that actually knows what he's doing, all the other politicians just do what their donors say someone doesn't like his own Interest Expense
Source: WSJ - 🏆 98. / 63 Read more »
White House voices support for embattled Fed choice'Sure I do,' potential Fed board nominee Stephen Moore says when asked if he regrets any of his past writings disparaging women. 'They were humor columns, but some of them weren't funny and so I am apologetic and I'm embarrassed by some of those things' Democrats, Independents, sound minded Republicans: it’s time to put politics aside and rescue a nation from a Charlottesville neonazi apologizer who also shamelessly denounced our intel agencies & throw his support to Russian federation..Everyone vote This bloke personality is has funny has my mazza in the mornings Haha! It’s a funny situation that we should all laugh and giggle over. Ha!
Source: ABC - 🏆 471. / 51 Read more »
Trump calls on Fed to cut rates by 1% and urges more quantitative easingIn a two-part tweet, the president says more easing would make the economy 'go up like a rocket.' This guy has become King of the Swamp. What a joke. Asset bubble bigly: cut rates at stock market alltime highs. raging bubblenomic thought spreading. I am curious, Is he unwillingly signalling how the China Trade talks are going?
Source: CNBC - 🏆 12. / 72 Read more »
Stephen Moore in peril: ‘I don’t imagine he can get the votes’Stories that have come out about Stephen Moore are starting to weigh down his chances of getting confirmed to the Federal Reserve Let me guess, some liberal woman will come out and claim he did something to her 52 years ago. She has no proof and the timing is just a coincidence. Close? Great news... Any American who suggest killing democracy in order save Capitalism doesn't deserve a vote at all. Stephen Moore sounds insane. How the hell is he not out at this point? He sounds like an unhinged lunatic. The position he was appointed for is a serious position that affects over 300 million people. What are Republicans thinking?
Source: politico - 🏆 381. / 59 Read more »
GOP leaders see Stephen Moore’s past catching up with himSenate Majority Whip John Thune said the Fed hopeful’s controversial comments will test Republican support. Really ... your Trump GOP..vs. Lincoln GOP.. get real people. But he's a hate filled, FAR right misogynist bully... that's right on brand for trumps GOP and their beliefs. Stephen Moore is a shoe-in for them! foreshadowing
Source: politico - 🏆 381. / 59 Read more »
S&P 500 at record high as Apple powers rally ahead of Fed decisionThe S&P 500 index notched a fresh record high on Wednesday, as gains in Apple In...
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Powell will try not to draw ire of Trump or rock markets after Fed meeting WednesdayFed Chairman Jerome Powell will try to not to upset markets or the White House when he speaks Wednesday. Or he can say f*** off to everyone and raise rates.. fed USA Markets Omg this independent body is not independent. Resign
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Trump Fed pick Stephen Moore: Biggest problem to the US economy is declining 'male earnings'Stephen Moore, President Donald Trump's pick for the Federal Reserve, says the biggest problem to the US economy is the decline in 'male earnings' We have other problems as well. prob just up trump's ally...
Source: CNN - 🏆 4. / 95 Read more »
What Stephen Moore’s withdrawal means for the Fed, economyPresident Trump's presumptive pick for the Federal Reserve Board, Stephen Moore, has withdrawn from being considered for the influential appointment. Ali Vitali, Stephanie Ruhle and Kelly O’Donnell report on the significance of Moore’s move. KellyO Keep fighting, resist works! KellyO KellyO another lie -- Moore got dumped
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Watch the full interview with prospective Fed nominee Stephen MooreStephen Moore, Trump's prospective Fed pick, addressed the controversy about his past writings as well as some predictions he made during the financial crisis for hyperinflation. Let’s not forget during Hitler’s rise to power there was out of control inflation I would think the Fed has differnet opionions from it's officers . wasn't moore on tump's t v show, you know !
Source: CNBC - 🏆 12. / 72 Read more »