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Former Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.' Trying to wreck Trump's Economic Rally How is it possible that Powell and the fed board talk so much while saying so little. They should just release an emoji once a year. 👍👎 It was the 233% increase in rates in 21 months with promises of more that was problematic! 🙄
Source: CNBC - 🏆 12. / 72 Read more »
A Fed pause won't be the Fed riding to the rescue, says Bessemer CIO'Eyes wide open.' Bessemer Trust CIO Rebecca Patterson says she has a more bullish outlook for 2019, but doesn't think we're 'necessarily out of the woods. I want to temper my enthusiasm a bit.' Did she have a more bullish outlook for 2018, perchance?
Source: CNBC - 🏆 12. / 72 Read more »
Fed's Jerome Powell is not bothered by Trump's criticismFed Chair Jerome Powell sits down with David Rubenstein at The Economic Club of Washington to discuss President Trump's comments attacking the Fed, the state of the U.S. economy and what the plan for the Fed is. And he's lying. Probably does what I did long ago....blocked trumps twitter acct....which even blocks retweeted trump tweets. Its brilliant!
Source: CNBC - 🏆 12. / 72 Read more »