Aug 8 - Chicago Federal Reserve Bank President Austan Goolsbee on Thursday reiterated that the central bank's job is not to respond to stock market routs or political considerations
"The Fed's out of the election business. The Fed is in the economic business," Goolsbee said in an interview on Fox News, noting the Fed has been very clear about what economic data would motivate an interest-rate cut, a hold on policy, or even a rate hike.As for the recent stock-market rout, he said,"We're not in the business of responding to the stock market. We're in the business of maximizing employment and stabilizing prices.
The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »