Rate-Setting Meeting: Interest Rates and Trading Partners

rate-setting meeting: We don't generally give advice on interest rates, being content to leave such judgments to the independent experts, according to The Independent. What is of concern to us, and should be of concern to all Americans, is anything that might diminish the Fed's political independence, actual or perceived. Mandel Ngan/AFP/Getty Images By Editorial Board June 12 at 7 39 PMSIGNS OF slowing growth in what is still a generally robust U.S. economy have prompted the Federal Reserve to consider cutting interest rates, possibly as soon as its next rate-setting meeting, which begins June 18. Which brings us to the effect of President Trump's policies on the recent economic outlook, particularly his repeated, unpredictable threats to impose tariffs on various trading partners, most recently Mexico. They do, however, constitute a source of instability and uncertainty that may be chilling or distorting investment decisions, both here and abroad. So far, trade wars do not seem to have affected broad indicators such as inflation or unemployment. (news.financializer.com). As reported in the news.

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