Site Search
Google Search
search button

Breaking News:

NY Attorney General Asking for $5.6 Million Fine Against Trump Foundation      - | -     Christchurch, NZ Returns To Daily Life After Mosque Shootings     - | -     Facebook Says It Removed 1.5 Million Videos of Christchurch Massacre Within 24 Hours     - | -     Two Injured By Los Angeles Gasoline Tanker Blast     - | -     Furious Mom Sues Huffman, Loughlin For $500 Billion     - | -     NZ Prime Minister Visits Grieving Families After Christchurch Carnage     - | -     Brazil School Shooting Sparks Gun Debate     - | -     GOP Congressman Invokes 'The Deep State'
Fed Policymaker Will Be Patient With Monetary Policy In 2019
Get National News Alerts

viewsViews 100
11 Jan 2019 12:50 AM EST

According to Reuters, a Federal Reserve Bank president thinks the central bank has a good capacity to wait before adjusting monetary policy. Charles Evans, president of the Fed bank in Chicago, said that he believes they will increase interest rates three times in 2019. But Evans also said that the bank is in a good position to wait, before further increasing interest rates. Evan's comments echo those of Federal Reserve Chairman Jerome Powell and Eric Rosengren, who heads the Federal Reserve Bank of Boston. Fed chair Powell recently said that policymakers can be patient with interest rates because inflation is low and under control.

Post Your Comment
Excellent Very Good Good Fair Poor



Recently Posted Comments
FREE
AllMediaNY AllMediaNY AllMedaiNY