Fed’s Dudley Says Trump Policies Should Target Productivity
Fed’s Dudley Says Trump Policies Should Target Productivity
Federal Reserve Bank of New York President William Dudley said any spending and tax changes from the incoming administration of President-elect Donald Trump should focus on measures that lift the productive capacity of the U.S. economy.
Bloomberg
Bloomberg
Fed’s Bullard Sees Medium-Term Boost From Trump Spending
Fed’s Bullard Sees Medium-Term Boost From Trump Spending
Federal Reserve Bank of St. Louis President James Bullard said there’s a chance the U.S. economy could get a medium-term boost if President-elect Donald Trump boosts infrastructure spending and reforms taxes.
Bloomberg
Bloomberg
Yellen Heads to Congress as Trump’s Plans Cloud Rate Outlook
Yellen Heads to Congress as Trump’s Plans Cloud Rate Outlook
(Bloomberg View) -- Federal Reserve Chair Janet Yellen will probably be quizzed about how President-elect Donald Trump’s fiscal policies might affect the economic outlook and path for rate increases when she gives congressional testimony Thursday. Don’t expect a clear answer.
Bloomberg
Bloomberg
Mario Draghi hints eurozone stimulus will last - as it happened
The president of the central bank has signalled monetary support will persist amid a fragile eurozone recovery and weak inflationary pressureEuro hits record losing streak against the dollarItaly leads European markets lowerJim O’Neill joins Osborne’s thinktankBank of England deputy defends low ratesGlobal bonds rack up biggest loss in more than…
The Guardian - UK
The Guardian - UK
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Yellen Signals Fed Won’t Be Cowed After Trump’s Election Victory
Federal Reserve Chair Janet Yellen signaled that the central bank wasn’t about to roll over in the face of Donald Trump’s surprise election victory last week.
Bloomberg
Bloomberg
Janet Yellen to testify as Donald Trump’s plans cloud interest rate outlook
Federal Reserve chairwoman Janet Yellen is more likely to talk about the current outlook, which is largely positive
Livemint
Livemint