on Sunday, characterizing the economic outlook as favorable and dismissing the notion that President Donald Trump could fire him for raising rates — although he left some worried that the central bank might not be ready for an economic downturn.
"I don’t think there was anything really new in terms of policy. That’s a good thing,” said Dan North, chief economist at Euler Hermes North America.program was significant, given that previous Federal Reserve chairs have been less willing to engage with the media. North suggested that in the interview Powell might have had a certain viewer in particular in mind. “Perhaps it was a matter of speaking to the people and to Donald Trump,” he said.
When the cost of short-term borrowing rises above the cost of long-term Treasury bonds, it has generally signaled that a recession is on the horizon — a pattern that has market observers watching those rates with trepidation, since they are hovering within a fraction of a percentage point of each other.
Do NOT raise interest rates. The economy is doing fantastic.
One-by-one the domino wall that guards the deep state will fall. Power will return to the people where it belongs.
The economy is not well because Americans have to work two jobs just to pay rent
What is this “Fed”?
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