Policymakers led by Fed Chairman Jerome Powell unanimously agreed to leave rates alone, sticking with the wait-and-see approach outlined earlier this year amid uncertainty about where the US economy is headed."We don't see a strong case for moving in either direction," said Powell at a press conference following the Fed's two-day meeting in Washington." The committee is comfortable with our current policy stance.
2% GDP, but with our wonderfully low inflation, we could be setting major records &, at the same time, make our National Debt start to look small!"Powell, a Trump pick, attracted the President's ire last year after repeated rate hikes, just as the economy showed signs of weakening amid Trump's trade wars. A December stock market swoon intensified the President's broadsides against Powell, who Trump described as"loco" over rate increases.
Steady hands prevail.
Of course. It ‘s not Trump’s business. Seperation of power it is called. For good reason. What an amateur this realDonaldTrump
Everyone listens to him. Thank God some don’t
Rates only affect people owning money not on credit cards that is an increasingly small population.
Then we know they are like CNN. 'NOT FOR AMERICA!!'
What a weird thing for people to cheer.
Trump needs to leave the Fed alone. It is historically proven that the countries with the most independent relationships between Fed and government have the lowest inflation rates. Lower IR in recessionary gap and raise IR in inflationary gap.
The fact that this is even a consideration proves Trump is clueless when it comes to economics.
Thank you for not listening, (which is correct anyway.) Keep the course, stand courageously. Maybe others will follow your example.
Proof nobody cares what he says and don’t follow his orders.
Who would listen to a guy that bankrupted of all things; a CASINO!!!!
Because the illuminati wants to sink the economy.
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