Says he will take some time to carefully monitor developments after rate cuts
Says he will be highly vigilant, keep an open mind on further easing
Concerned about slowing global growth
Says downside risks would decrease if trade tensions moderate
Worried that U.S. manufacturing weakness could spread to broader U.S. economy
Market-determined rates showed policy was too tight before rate cuts
Says U.S. economy is at or past full employment
Expects inflation to reach 2% target over medium-term
Expects 2.1% US GDP growth this year
© 2000-2021. All rights reserved.
This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at firstname.lastname@example.org.