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

Turkiye announces preliminary report on C-130 aircraft crash

Israel kills key Hamas weapons operative - Photo

Iran directs ships to alternative routes in Strait of Hormuz

Russian military losses updated on day 1506

Iranian negotiators to land in Islamabad tonight

Trump warns of massive escalation if Iran deal fails

Keir Starmer meets Saudi Arabia's Crown Prince

Trump slams NATO over Iran after meeting Rutte

Lebanon declares national mourning after Israeli strikes

Three key clauses of 10-point proposal violated before talks

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