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.
2020-10-27 07:43:00 Tuesday ET
Most agile lean enterprises often choose to cut costs strategically to make their respective business models fit for growth. Vinay Couto, John Plansky,
2020-05-21 11:30:00 Thursday ET
Most blue-ocean strategists shift fundamental focus from current competitors to alternative non-customers with new market space. W. Chan Kim and Renee Ma
2019-07-27 17:37:00 Saturday ET
Capital gravitates toward key profitable mutual funds until the marginal asset return equilibrates near the core stock market benchmark. As Stanford finance
2018-03-09 08:33:00 Friday ET
David Solomon succeeds Lloyd Blankfein as the new CEO of Goldman Sachs. Unlike his predecessors Lloyd Blankfein and Gary Cohn, Solomon has been an investmen
2019-10-15 09:13:00 Tuesday ET
U.K. prime minister Boris Johnson encounters defeat during his new premiership. The first major vote would pave the path of least resistance to passing a no
2018-10-03 11:37:00 Wednesday ET
Fed Chair Jerome Powell sees a remarkably positive outlook for the U.S. economy right after the recent interest rate hike as of September 2018. He humbly su