Fed's Powell: We Have Ability to Be Patient As We Watch Economy Evolve

Market news

11 January 2019

Fed's Powell: We Have Ability to Be Patient As We Watch Economy Evolve

Median Rate Forecast Conditional On Very Strong Outlook for 2019
Minutes Meant to Amplify What's in FOMC Decision
FOMC Has Institutionalized Diversity of Perspectives
Don't Try to Lobby Other FOMC Participants
Not Bothered By Criticism From President Trump
Fed Doesn't Take Political Factors into Consideration in Discussions or Decisions
No Invitation to Meet With President Trump Yet
Not Aware of Any Fed Chair Turning Down Meeting Invitation from White House

Powell: Government Shutdowns Typically Don't Have Singificant Effects on Economy

Australian retail sales rose 0.4% in November

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