2019-09-23 12:25:00 Mon ET
federal reserve monetary policy treasury dollar employment inflation interest rate exchange rate macrofinance recession systemic risk economic growth central bank fomc greenback forward guidance euro capital global financial cycle credit cycle yield curve
Volcker, Greenspan, Bernanke, and Yellen contribute to a Wall Street Journal op-ed on monetary policy independence. These former Federal Reserve chiefs unite together to express their core concern that Fed Chair Jerome Powell institutes the recent dovish interest rate decrease in response to a vocal president. In their joint conviction, the Federal Reserve and its chair must be able to make monetary policy decisions in the best interests of the U.S. economy. Further, these monetary policy decisions must be independent and free of short-term political pressure without the threat of either removal or demotion of Federal Reserve leaders for non-economic reasons. Volcker, Greenspan, Bernanke, and Yellen emphasize the congressional checks and balances with respect to the Federal Reserve monetary policy purview.
In recent times, Fed Chair Jerome Powell and FOMC members approve a quarter-point interest rate decrease to help sustain the current U.S. economic expansion. This monetary policy decision arises in the broader context of relentless criticisms among the Trump hawkish hardliners. The hardliners and President Trump himself view the prior U.S. interest rate hikes as headwinds that may inadvertently offset the economic benefits of Trump tax incentives and other fiscal stimulus packages for better infrastructure, investment, and technology.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-01-13 08:39:00 Saturday ET
The Economist digs deep into the political economy of U.S. government shutdown over 3 days in January 2018. In more than 4 years since 2014, U.S. government
2020-09-11 10:22:00 Friday ET
AYA fintech network platform provides proprietary alpha stock signals and personal finance tools. In recent times, we have completed our fresh website up
2018-01-07 09:33:00 Sunday ET
Zuckerberg announces his major changes in Facebook's newsfeed algorithm and user authentication. Facebook now has to change the newsfeed filter to prior
2018-04-26 07:37:00 Thursday ET
Credit supply growth drives business cycle fluctuations and often sows the seeds of their own subsequent destruction. The global financial crisis from 2008
2018-01-06 07:32:00 Saturday ET
Subsequent to the Trump tax cuts for Christmas in December 2017, the one-year-old Trump presidency now aims to make progress on health care, infrastructure,
2019-08-03 09:28:00 Saturday ET
U.S. inflation has become sustainably less than the 2% policy target in recent years. As Harvard macro economist Robert Barro indicates, U.S. inflation has