Friday June 5, 2020

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

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Many of us have achieved a new life balance that might just be the real ‘new normal’

Sharyn McAndrew | 2 weeks ago

Property firms such as QRE are dealing with the coronavirus lockdown by trying to maintain some normality in their day-to-day business

Conor Whelan | 3 weeks ago

Hardline opposition to EU solidarity in funding the cost of Covid-19 is driven by German allergy to ‘imprudent’ spending, and by Dutch politicians fearing the transfer of funds to southern countries would provoke a far-right backlash

Barry J Whyte | 1 month ago