Slowing global economies, the escalating trade war between Washington and Beijin...
NEW YORK/TORONTO - Slowing global economies, the escalating trade war between Washington and Beijing and a warning sign of recession flashing in the U.S. Treasury market have all fed expectations the Federal Reserve is poised to lower rates at the close of its Sept. 17-18 meeting.
John Williams, president of the hugely influential New York Federal Reserve, said on Wednesday consumer spending is “robust” and one reason the U.S. economy is in a “favorable” place.” But Williams also told reporters he expects the economy to grow at an above-trend pace of 2.0%-2.5% in 2019. Kaplan said he has lowered his growth outlook for the year and could do so again. Fed officials will submit fresh economic forecasts and views on appropriate rates just ahead of their Sept. 17-18 meeting.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
'Baby Fed' Dimitrov comes of age with Federer upsetGrigor Dimitrov stepped out of Roger Federer's shadow on Tuesday to claim a...
Leer más »
Dudley: I picked a fight with Trump because the Fed didn’t stand up for itselfEx-New York Fed head William Dudley on Wednesday said he started a fight with President Donald Trump because he was concerned U.S. central bank officials had not pushed back on the president’s attack on interest-rate policy.
Leer más »
In subtle differences, hints of robust Fed rate-cut debateWith just two weeks to go before their next policy-setting meeting, leading Fede...
Leer más »
U.S. economy growing modestly as trade war dents activity: FedThe U.S. economy grew at a modest pace in recent weeks, with manufacturing buffe...
Leer más »
To cut or not? Dueling Fed views boost pressure on PowellThe Federal Reserve should use its meeting in two weeks to aggressively cut inte...
Leer más »
Gold could soar to its highest level since 2013 if the Fed keeps cutting rates, economist says'Gold nudged up on the latest tit-for-tat US-China trade measures and is looking to move higher with more Fed rate cuts,' said Harry Tchilinguirian.
Leer más »