UP

Fed Chairman responds to criticism of US President

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Fed Chairman responds to criticism of US President

U.S. President Donald Trump and Fed Chairman Jerome Powell met at the White House on Monday.

Axar.az reports citing TASS.

In their first meeting after months in which Trump lambasted the central bank for raising interest rates and, in the president's view, endangering the economy's growth.

Chair Powell said that the Fed intends to make non-politicized decisions. According to him, Fed will pursue the monetary policy in order to maintain maximum employment and stable prices.

Powell added that he and his colleagues...will make those decisions based solely on careful, objective and non-political analysis.

The meeting included Treasury Secretary Steven Mnuchin and Vice chair Richard Clarida.

According to the American media, D. Trump is currently considering the issue of attracting former presidential candidate Herman Cain to the Fed's management.

Date
2019.02.05 / 11:36
Author
Axar.az
See also

IRGC says six gunmen killed in clash in Iran's southeast

Dual UK-Iranian national arrested over RAF Fairford incident

Trump’s proposals include difficult decisions for Russia

Saudi-led coalition intercepts 2 ballistic missiles, 4 drones

Trump leaves door open to US military base in Venezuela

Fire breaks out at Miller mansion in St. Petersburg - Video

Russian military helicopter crashes, killing three

Seven killed in explosion at plant near Moscow - Video

Putin calls proposal to halt reciprocal strikes absurd

Putin rules out differences with Azerbaijan over corridor - Video

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla