Fed Governor Brainard backs up Powell's view that the Fed is 'prepared to adjust policy'

México Noticias Noticias

Fed Governor Brainard backs up Powell's view that the Fed is 'prepared to adjust policy'
México Últimas Noticias,México Titulares
  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

The remarks echoed those a day earlier from Fed Chairman Jerome Powell and others who said they are closely watching the impact the trade war is having on the economic outlook.

Markets are pricing in a Fed rate cut as soon as July, and it is anticipating two more before the end of the year.backed up recent comments from her colleagues, saying Tuesday that the central bank stands ready to move on rates if conditions deteriorate.and others who said they are closely watching the impact the trade war is having on the economic outlook.

"I'm just going to look at the outlook holistically, and certainly trade policy is a downside risk," Brainardin an interview at a Fed conference in Chicago. "But again, the U.S. consumer has been strong. As we go forward, as the data comes in, we'll just have to see what that means and we'll be prepared to adjust policy to sustain the expansion."to open the conference that the Fed "will act as appropriate to sustain the expansion.

Markets are pricing in a Fed rate cut as soon as July, and it is anticipating two more before the end of the year, in September and December. Investors are worried that the trade impasse could exacerbate a global slowdown — the World Bank estimated the economic hit as $455 billion. "Trade policy matters, and obviously the international outlook matters also for the U.S. economy," Brainard said.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

CNBC /  🏆 12. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Powell says the Fed will 'act as appropriate to sustain the expansion'Powell says the Fed will 'act as appropriate to sustain the expansion'Powell began a speech Tuesday in Chicago by addressing 'recent developments involving trade negotiations and other matters.'
Leer más »

Fed ready to act if economy worsens, Powell saysFed ready to act if economy worsens, Powell saysNEW: Fed Chairman Powell says the central bank is watching current economic developments, including “recent developments involving trade negotiations and other matters,' and will do what it must to keep near-record expansion going.
Leer más »

Powell Suggests Fed Could Cut Rates If Trade Spat EscalatesPowell Suggests Fed Could Cut Rates If Trade Spat EscalatesFederal Reserve Chairman Jerome Powell said the central bank is closely monitoring the recent escalation in trade tensions and that it would respond if needed to keep the economy growing steadily.
Leer más »

Powell: Fed will act 'as appropriate' in face of trade, other risksPowell: Fed will act 'as appropriate' in face of trade, other risksThe Federal Reserve will respond 'as appropriate' to the risks posed b...
Leer más »

Instant View - Fed will respond 'as appropriate' to risks like trade war: PowellInstant View - Fed will respond 'as appropriate' to risks like trade war: PowellThe Federal Reserve will respond 'as appropriate' to the risks posed b...
Leer más »

Powell says Fed 'will act as appropriate' to sustain economic growthPowell says Fed 'will act as appropriate' to sustain economic growthFed Chair Jerome Powell says the central bank is 'closely monitoring' America's trade disputes and will 'act as appropriate' to sustain economic growth. His remarks are helping to send the Dow toward its best day since February.
Leer más »

Trump praises Powell and wife, and humorist Mark RussellTrump praises Powell and wife, and humorist Mark RussellThe pastor of a Virginia church has asked God to give President Donald Trump wisdom to lead the country.
Leer más »

Powell to open Chicago conference as rate cut talk intensifiesPowell to open Chicago conference as rate cut talk intensifiesFederal Reserve Chairman Jerome Powell gives opening remarks on Tuesday at a mon...
Leer más »

Pledging 'appropriate' action on trade risk, Fed's Powell seen opening door to rate cutPledging 'appropriate' action on trade risk, Fed's Powell seen opening door to rate cutU.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank wil...
Leer más »

Powell signals it might be time to wave goodbye to the Fed’s ‘dot plot’Powell signals it might be time to wave goodbye to the Fed’s ‘dot plot’The Federal Reserve’s so-called dot plot, a chart showing where officials thought interest rates would go, looks like it will not survive a review of the...
Leer más »



Render Time: 2025-03-01 08:23:20