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A growing number of companies have warned of fallout from the coronavirus, saying closures and other disruptions would chip away at revenue this year.
Trump accused Powell of tanking stocks on Tuesday, but his claims weren't supported by movements in the bond market.
Relatively low interest-rate levels could leave the central bank with less room to help stimulate growth in the event of a downturn.
The central bank predicted a target range of 1.5% to 1.75% would keep the record expansion on course in its 11th year.
The US has in the past been relatively reluctant to incorporate climate change into monetary policymaking.
Central bank chiefs in Dallas, Minneapolis, Philadelphia and Cleveland will help determine interest rates in 2020. Here’s where they stand ahead...
The leaders of four regional central banks will get FOMC votes in 2020 as part of a routine rotation that takes place each year.
In September, Reps. French Hill (R-Ark.) and Bill Foster (D-Ill.) said the central bank should consider a cryptocurrency to remain competitive.
Both sides initially issued positive meeting readouts. But the late-night tweet more closely reflected longstanding pressure Trump has put on Powell.
Lawmakers typically have more tools to reduce debt when the economy is in a solid place. But recent legislation has taken it the opposite direction.
The comments were likely draw further ire from the White House, which has demanded the independent central bank juice the economy ahead of 2020.