The Fed is boldly going where it was going before

With calm and poise, the Fed’s new chairman Jerome Powell delivered no surprises, no dramas, a little dose of bitter medicine, and a lot of hopes

22nd March, 2018
Federal Reserve seeing mixed US economic signals. Pic: Getty

Two weeks before that, both the OECD and the IMF warned that global economic expansion, while expected to continue into 2018, was running out of steam. Lower growth rates are expected for the 2019-2022 period. Worse, both organisations issued stern warnings about the adverse impact from the ongoing trade and currency wars, primarily driven by the US policies.

Adding to these woes, the domestic US economy has been returning mixed signals as well. Wall Street has...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Private rental sector remains strong despite Covid-19

How the programme for government will shape housing

Insight Niall Byrne 5 months ago

Comment: US must defuse Covid-19’s ticking time bomb of debt

Insight Todd G Buchholz 6 months ago

Comment: The recovery will be more U than V-shaped

Insight Larry Hatheway 6 months ago