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New policies coming to America could take weight off Fed: Powell

January 8, 2017 by · Leave a Comment 

By Jason Lange CHICAGO (Reuters) – A push by Washington for more business-friendly regulation and fiscal support for the economy could improve America's mix of policies which in recent years have relied too much on the Federal Reserve, …

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New policies coming to America could take weight off Fed: Powell

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Fed’s Powell says interest rates could rise ‘fairly soon’

May 26, 2016 by · Leave a Comment 

A U.S. rate hike may come “fairly soon” if data confirm the economy is continuing to grow and labor markets are still tightening, Federal Reserve Governor Jerome Powell said on Thursday in remarks that may help tee up higher rates as soon as mid-June. Powell said the economy remains on a “solid footing” and that he views ongoing job growth and evidence of rising wages as being more important than recent weakness in consumer spending and business investment. “There are good reasons to think that underlying…

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Fed’s Powell says interest rates could rise ‘fairly soon’