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

Armenia won't respond to Israel's genocide recognition

Novak: Russian refineries operating at full capacity

Venezuela earthquake death toll rises to 1,719

Major forest fire breaks out in western Turkiye

Israel could be at war with Iran tomorrow if attacked

France, Oman to cooperate on Hormuz demining

Galuzin: Armenian NGOs target Russian military presence

Erdogan pledges support for Ukraine peace efforts

Ukrainian military losses updated on 1,587th day of war

Kazakh President and Georgian PM hold talks in Astana

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