Economist: The Fed was right to raise rates when it did

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Is Jerome Powell trying to clean up the mistakes of past Fed chairs? This economist says no. 'Chairman Powell is continuing the policy of Bernanke and Yellen to wait until there was a robust recovery' and 'then wind that down.'

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So he wants to continue failed policies that hurt the economy. Typical.

Banana Republic!

Good god - it’s political - free money for Obama - screw trump - obviously

They’d rather tank the economy than have Trump succeed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump advisor says Fed Chair Jerome Powell and Treasury Secretary Steven Mnuchin's jobs are safeHassett told a reporter at the White House that Powell's role is completely safe. That assurance followed an appearance on Fox Business News, where Hassett said he is highly confident that the president is happy with Mnuchin. All the other goners jobs were safe also. As usual the opposite is true. They will both be gone sooner than later.
Source: CNBC - 🏆 12. / 72 Read more »

The Fed and trade tensions are causing swings in market, economist saysStephen Moore, chief economist at The Heritage Foundation, Joe Terranova of Virtus Investment Partners and Thomas Farley, Far Point Acquisition LLC CEO, join 'Squawk Box' to discuss the factors affecting the economy and the markets. Stay in your lane bro. Take that rhetoric somewhere else. Ah yes. The latest admin apologist with an open mic on Except that we've gotten positive news on both of those fronts in recent weeks. Right now both are red herrings as far as the market is concerned.
Source: CNBC - 🏆 12. / 72 Read more »