Business Maverick: Trump Picks Two Fed Nominees Likely to Support Easier Policy

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 84%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Business Maverick: Trump Picks Two Fed Nominees Likely to Support Easier Policy By Bloomberg

Christopher Waller, is the more conventional choice drawn from within the Fed’s own ranks. The other, Judy Shelton, has spent decades outside mainstream economics and has already faced criticism for some of her unconventional views on monetary policy.

Judy Shelton, U.S. executive director for the European Bank for Reconstruction and Development, speaks during an interview in Washington, D.C., U.S., on Wednesday, May 29, 2019. Shelton, a conservative economist whom the Trump administration is considering for a vacancy on the Federal Reserve, said the central bank should avoid restraining growth while the U.S. is engaged in a trade war with China.

The overture came after the White House talked to his boss, Bullard, about joining the Fed board of governors himself. But Bullard told reporters last month that he’s happy in his current position. Waller also said that he doesn’t worry about pushing the unemployment rate too low and sparking higher prices. “We don’t buy into the Phillips curve story that low unemployment causes inflation. Look at Japan,” he said.Shelton, who didn’t immediately respond to a request for comment, has a doctorate in business administration from the University of Utah with an emphasis on finance and international economics.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

North Korea hails 'historic' Kim-Trump summit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.North Korea on Monday hailed the weekend meeting between leader Kim Jong Un and US President Donald Trump in the Demilitarized Zone as 'historic', as analysts said Pyongyang was looking to shape the narrative to its own agenda.
مصدر: SABC News Online - 🏆 32. / 51 اقرأ أكثر »