Powell: Wouldn't Hesitate To Make Change to Balance Sheet Policy if Causing Problems

Market news

7 January 2019

Powell: Wouldn't Hesitate To Make Change to Balance Sheet Policy if Causing Problems

Don't Believe Balance Sheet Adjustment is Big Factor in Recent Market Turbulence
Says He Has Received No Direct Communication From White House About Job Performance
Meetings Between Presidents And Fed Chairs "Do Happen," Nothing Scheduled At Present
Says He Would Not Resign If President Asked Him To
People Should Know The Fed Has Strong Culture Around Non-Political Activity
Best Thing Fed Can do is be Transparent, Predictable as Possible

Eurozone: Retail Sales (MoM), November 0.6% (forecast 0.1%)

Eurozone: Sentix Investor Confidence, January -1.5

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