As Fed's Powell affirms rate cut view, others see U.S. economy humming

ATLANTA/VICTOR, Idaho (Reuters) – As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of continued U.S. economic growth and a solid business outlook. The contrasting remarks show the dilemma the Fed faces as it heads toward […]

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Impact of U.S. tax reform may last longer than expected: Fed’s Bostic

JACKSON, Miss. (Reuters) – The stimulus to the U.S. economy from the recent tax reform plan may stretch out longer than expected as businesses take time to unravel what the “complicated” overhaul means for them, Atlanta Federal Reserve bank president Raphael Bostic said on Thursday. FILE PHOTO: Raphael Bostic, President of the Federal Reserve Bank of Atlanta, poses for a […]

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