Monday 16 December 2019 ,
Monday 16 December 2019 ,
Latest News
  • President, PM pay homage to Liberation War martyrs
  • 49th Victory Day today
  • Govt publishes list of 10,789 Razakars
  • Bangladesh boasts one of the most successful stories
  • Now Gazipur factory fire kills 10
  • Want to develop well-trained armed force: PM
  • 5 more die from Keraniganj fire: Death toll now 19
  • PM vows to make armed forces well trained
  • Six killed as protests flare
20 November, 2019 00:00 00 AM
Print

Fed chief reasserts independence in talks with Trump

AFP, Washington

Federal Reserve Chairman Jerome Powell reasserted the independence of the US central bank during White House talks with President Donald Trump on Monday, the Fed said.

Powell attended the meeting, which comes amid an unprecedented campaign of public attacks on the central bank, at the invitation of the president, and was joined by Treasury Secretary Steven Mnuchin, the Fed said in a statement.

Trump, who has lambasted Powell in harsh, personal terms over monetary policy, tweeted that the meeting was “good & cordial,” adding that “everything was discussed” including interest rates, inflation, foreign exchange and the Fed’s balance sheet

policies.In a second tweet Monday evening, however, Trump said that during the meeting he protested “that our Fed Rate is set too high relative to the interest rates of other competitor countries.”

“Too strong a Dollar hurting manufacturers & growth!” he added.

 

Comments

Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
01020304050607
08091011121314
15161718192021
22232425262728
293031

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting