Thursday, 19 September, 2019

Trump slams Fed Chair Powell: 'He’s like a golfer who can’t putt'

Weekly Gold Price Forecast Into the Jackson Hole Vortex Jackson Hole is the Perfect Place for Chairman Powell to Declare a Fed Rate Cut
Russell Knight | 21 August, 2019, 18:56

Fed Chairman Powell opens the central bank's annual Jackson Hole symposium Friday with a speech on the challenges for monetary policy.

Instead, Berich thinks Powell will reiterate his past comments that the US economy is strong, the Fed is easing out of an abundance of caution, and he doesn't see any upside risks to inflation. "He's like a golfer who can't putt, has no touch", the U.S. president proclaimed in his tweet on Wednesday.

Other than the Fed, Trump claims the United States economy is in a near-perfect shape "doing great with China and other Trade Deals".

The Fed's annual gathering of central bankers and policymakers from Thursday through Saturday is expected to be in focus as it would provide fresh clues on when the next USA rate cut will be.

Devil May Cry 5, Blair Witch Joining Xbox's Game Pass
You can also look forward to playing Ape Out , Age of Empire: Definitive Edition and Stellaris on the Xbox Game Pass . Dead Cells , the roguelike-metroidvania title, is coming to both Xbox Game Pass for console and PC on September 5.

Dead by Daylight | Stranger Things | Trailer
I personally hate Dead by Daylight's indoor maps, as walls are a massive hindrance to my attempts at fleeing in a terrified panic. Clever fans recognized that taking one word from each text included with the image would make the name Dead by Daylight .

Brown files new grievance over helmet
That's easy to say with almost three weeks before the season kicks off for real. " He's all-in and ready to go ", Gruden said . However, whenever things seemed to calm down on the news front, Brown would disappear from practice for long stretches.

Fed Chairman Jerome Powell's highly-anticipated speech in Jackson Hole on Friday comes after last week's inversion of the USA yield curve - widely regarded as a recession signal. "So far he has called it wrong, and only let us down", Trump tweeted out.

The Fed minutes of the last monetary policy meeting are also due out later on Wednesday, although that is being overshadowed by the Jackson Hole meeting later this week.

Optimism about government action to calm USA recession concerns, triggered by last week's inversion of the bond yield curve, grew ahead of the Federal Reserve's symposium later in the week in Jackson Hole, Wyoming, where analysts said central bankers could announce new measures. The minutes provide more details on the Fed's thinking during that meeting, which was when the Fed announced its first rate cut since 2008. The curve inversion has boosted expectations of another interest rate cut at its September policy meeting.

"The Jackson Hole summit would be the ideal venue for the Fed to set or reset market expectations", said Kathy Lien, managing director of FX strategy at BK Asset Management. There's no place in our discussions for that.

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