Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battle
Members spoke of trade on multiple occasions, saying it was one of the chief headwinds for the economy, according to meeting minutes released Wednesday.
Tariffs and generally slower economic conditions combined "could have significant negative effects on the U.S. economy" while a softness in business investment was "pointing to the possibility of a more substantial slowing in economic growth than the staff projected."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Trump Calls for a Big Fed Rate Cut, Again Criticizes Central Bank ChairmanPresident Trump called for the Fed to sharply cut interest rates and again criticized the central bank’s chairman for a “horrendous lack of vision,” while reiterating his belief that the U.S. economy is strong.
Leer más »
Ron Insana: Fed chairman faces what may be a no-win testFederal Reserve Chairman Jerome Powell may face a no-win scenario on Friday when he speaks about Fed policy at the central bank's annual symposium in Jackson Hole, Wyo.
Leer más »
The Fed will cut rates five more times before April, analysts predictThe U.S. Federal Reserve will cut interest rates five more times by April 2020, according to analysts at Danske Bank.
Leer más »
Gold reclaims $1,500 mark as focus turns to FedGold prices recovered to over $1,500 an ounce on Tuesday, following the previous...
Leer más »
Trump says White House looking at payroll tax cut, urges Fed rate cutPresident Donald Trump said Tuesday his administration is looking at tax cuts, including cutting payroll taxes. Trump's comment follows a late-Monday...
Leer más »