✌(-‿-)✌ try 1ClickRepeater.com repeat youtube videos

U.S. economy now on 'sound footing' Fed's Mester February 19, 2017

Free Button: Daily News
Free Button: Daily News

  Info

Description

U.S. economy now on 'sound footing' Fed's Mester February 19, 2017 The U.S. economy is on "sound footing," a hawkish Federal Reserve official said on Monday in a speech that cautioned against asking the central bank to solve problems beyond its control such as low productivity growth.Cleveland Fed President Loretta Mester, at a forum in Singapore, did not comment specifically on interest rates. However she has dissented in the past in favor of quicker rate hikes and on Monday urged the Fed to focus on returning to a more normal policy footing, including trimming its $4.5-trillion bond portfolio.The Fed has raised rates twice in two years and expects to pick up the pace of tightening this year as unemployment, at 4.8 percent, has fallen to near an equilibrium level and as the Republican-controlled White House and Congress are expected to provide fiscal stimulus.The U.S. economy is "now on sound footing," Mester, who does not vote on monetary policy until next year, said in prepared remarks to The Global Interdependence Center.However, she said, "am very doubtful that monetary policy could be targeted to spur a strong pickup in the types of investment in human capital and physical capital that would raise productivity growth."Years of disappointing productivity growth has stymied the Fed's expectations that the U.S. economy would grow sustainably quicker than its roughly 2-percent rate.Turning to the balance sheet, which the Fed quadrupled in the wake of the financial crisis to spur investment and hiring, Mester reiterated the central bank expected to shed its mortgage-backed bonds and return to an all-Treasuries portfolio."The return to primarily Treasuries will take some time, but it will be welcome because ... it may help guard against future calls for the Federal Reserve to enter into the realm of fiscal policy," she said.

Tags

Breaking News February 19 2017 U.S. economy now on 'sound footing' Fed's Mester
  Email Video to Friends   Receive Emails for Similar Videos

Email:

  Repeat and Loop Video   Link to Video   Create Short URL  Publish Text About This Video   Share on Facebook, Twitter, and more
  See Recommended Videos For You
Old Cartoons on DVD. Visit and Bookmark: Cool90s.com!

Related

  Cleveland Fed chief 'comfortable' raising rates if economy keeps performing February 19, 2017   Fed's Mester on Interest Rates, Economy, Fiscal Policy   Fed's Mester: We Don't Want to Surprise Markets   Fed's Mester on Interest Rates, Economy, Fiscal Policy   Corruption scandals weigh on Ecuador's leftists ahead of vote February 19, 2017   Schaeuble denies 'Grexit' threat, says Greece on right path February 19, 2017   Freeport Indonesia CEO resigns after force majeure on copper exports February 19, 2017   U.S. embassy in Kiev critical of Moscow order on Ukrainian documentation February 19, 2017   Inbound China M&A takes flight on consumer promise February 19, 2017   Sweden asks the U.S. to explain Trump comment on Sweden February 19, 2017   EU Commission to warn Italy on Wed over rising debt February 19, 2017   Oil edges up but U.S. drilling drags on prices February 19, 2017   U.S. steps up pressure on Europe to boost defense spending February 19, 2017   Back on the campaign trail already, Trump touts promises kept February 19, 2017   U.N. and others play down expectations for Geneva talks on Syria February 19, 2017   'That bus has gone' EU sees no Brexit U-turn now February 19, 2017   At least 19 dead after bus turns over in Argentinean Andes February 19, 2017   Khloe Kardashian Bathroom Surprise February 19, 2017   Trump touts promises kept February 19, 2017   Sharif family's wealth icreasing instead of Country's economy: Izhar ul Haq - 92NewsHDPlus   Their own economy rising instead of Country's economy- Izhar ul Haq - 19 August 2017 - 92NewsHDPlus   Economy RoundUp - 19 August 2017 - 92NewsHDPlus   Fed leaves interest rates unchanged, remains upbeat on economy February 1, 2017   Iraqi planes drop leaflets on west Mosul to say offensive is imminent February 19, 2017   Japan Inc signals boost to domestic capex but less keen on the U.S. Reuters poll February 19, 2017   Trump baffles Sweden with crime comment, says it was based on TV report February 19, 2017   Trump says he'll decide on national security adviser in next few days February 19, 2017   Federal Reserve Official: Weak Inflation No Bar To Interest Rate Hikes   IN HIS WORDS: State of the economy   Amazon to create over 5.000 jobs in Britain in 2017 February 19, 2017   Edgewater Economic Development Coordinator Samantha Bishop discusses the local economy   Animal Outtakes - Sunday February 19, 2017   Black Almanac - Sunday February 19, 2017   Orange County Forum with Johnny Rockets CEO - 2011-02-19   Lagarde says IMF 'ruthless truth tellers' on Greece's economy February 8, 2017   Zach Pop—February 19, 2017   Credit bureaus rolling out new scoring model   Low grain prices, high seed costs squeeze American farmers   Justin Lewis—February 19, 2017   Wall Street hits records again, boosted by Trump economy hopes February 10, 2017   Dunya News Headlines - 12:00 PM | 19 February 2017   Texas lawmaker wants to end emoji mix-ups with Chilean flag February 19, 2017   Launch of SpaceX Falcon rocket aborted seconds before liftoff February 19, 2017   Gambia leader heralds new dawn for minister jailed 22 times February 19, 2017   Malaysia summons North Korean ambassador, recalls envoy from Pyongyang   Senators look to new sanctions against Iran for missile development February 19, 2017   Plies Driver's License Yanked ... No Blow, No Go! February 19, 2017   Four North Korean suspects fled Malaysia after airport murder police February 19, 2017   Democrat member of Federal Election Commission to make early exit NYT February 19, 2017   Sinkane - "Favorite Song" (Live From Lincoln Hall)   Official Suncoast Forecast 11pm - Sunday February 19, 2017   Naqli Aamil Azizi - Hasb e Haal - 19 February 2017 | Dunya News   DeMarcus Cousins Traded To New Orleans Pelicans | February 19, 2017   DeMarcus Cousins Traded To New Orleans Pelicans | February 19, 2017   Official Suncoast Forecast 6:30pm - Sunday February 19, 2017   ABC 7 News at 6:30pm - Sunday February 19, 2017   Fokus, 19 February 2017   Network: 19 February 2017   Trudeau says Canada, EU must lead world economy February 16, 2017   Dunya News Headlines - 03:00 PM | 19 February 2017   Naqli Aami Azizi - Hasb e Haal - 19 February 2017 | Dunya News   ABC 7 News at 11pm - Sunday February 19, 2017   U.S. inquiries into Russian election hacking include three FBI probes February 19, 2017   U.S. carrier group patrols in tense South China Sea February 19, 2017   Flood worries in Northern California after deadly storm hits south February 19, 2017   Kim Kardashian Robbery Crime Scene Pics Surface Footage of Suspects Too February 19, 2017   Trump mulls national security adviser pick, White House promises autonomy February 19, 2017   Infocus - February 19, 2017   Insight 19 February 2017   California faces more rain, snow as deadly storm moves south   Trump administration drafts plan to raise asylum bar, speed deportations February 19, 2017   Trump comment about immigration 'problems' baffles Sweden February 19, 2017   Britain's exit from EU irrevocable once triggered minister February 9, 2017   U.S. carrier group patrols in South China Sea U.S. navy February 19, 2017   Trump administration to expand groups of immigrants to be deported documents February 19, 2017

Popular Today

  LIVE: First U.S. Presidential Debate - Trump | Biden   Hathras Rape Incident Reminds Me Of 2012, Says Nirbhaya's Mother Asha Devi   பாலியல் புகாரில் சிக்கிய அனுராக் காஷ்யப் - விசாரணைக்கு நேரில் ஆஜராகுமாறு காவல்துறை சம்மன்   Are jetpacks the future of emergency response?   Can the Lakers become champions for the first time in a decade?   Man in his 30s dies in accidental kitchen fire in Framingham, investigators say   China's anti-poverty campaign sets model for world, say experts   Le port du masque fait débat... ou pas   Formula 1 2007 - Round 10 - European Grand Prix (Nurburgring) - Highlights   "Es difícil hablar con este payaso": Biden a Trump tras ser interrumpido múltiples veces   LIVE: Trump, Biden face off in first presidential debate | Vote 2020 | NTD   Live: Wuhan celebrates National Day and Mid-Autumn Day武汉百年老街昙华林,庆国庆中秋双节   Sakshi Speed News | 5 Minutes 25 Top [email protected] 4PM - 1st October 2020   Former ANC MP Vincent Smith appears in court after turning himself in   Lindsey Graham Is On The Ropes In South Carolina As Republicans Struggle In Several Red State Races   Why Men Commit Suicide More Than Women   Playing James Comey, Jeff Daniels wanted to avoid impersonation   MP Raghu Rama Krishnam Raju Comedy Satires On GVL Narasimha Rao Comments || ABN Telugu   Media Space Continues Celebrating Laycon After BBNaija Win   Car runs into north Austin home   Ekta Kapoor spotted walking at Juhu in new look; Watch video |FilmiBeat   Taal Thok Ke: Babri सिर्फ Hindutva की बदनामी का एजेंडा? | Verdict on Babri Demolition Case | TTK   Ex-FBI director Comey testifies on Trump-Russia investigation; Another huge explosion in China | NTD   Dior stars praise show as 'symbol of renewal'   Ups & Downs From WWE SmackDown (Sep 25)   The Cowboys don’t need to panic...yet - Domonique Foxworth | Get Up   Oahu Pain Care Safe Solutions   Best of Lamborghini Urus 2020(Drifts & Donuts)   Trump explica por qué acabó con los cursos sobre racismo: Biden lo critica y acusa de "racista"   Covid exposure linked to Alcona football game   Time lapse video captures autumn hues and mist in Xinjiang's Kanas   The Left Gets Divided After Mitch McConnell Busts His Ass Trying To Get Onstage   第三党候选人可能冲击2020年总统选情吗   AMD RX 6900 XT, 6800 XT, AND 6700 XT - Massive Technical Specifications Leak 😱   Trump Wants Mail-In Voting to Fail | The Daily Social Distancing Show   Xbox Game Pass Pulls 10 Million Subscribers   William Barr Begins Voter Fraud Probe After Video Shows Massive Harvest By Dems Around The U.s.   Let's talk about both sides....   New Stimulus Plan Takes Shape on Capitol Hill   Sexual Assault Charge Disclosed A Week After FIR: UP Senior Cop   Gwyneth Paltrow Poses Nude For Birthday   Giant doll representing medical workers displayed in Madrid   Volunteers Line Up to Fight in Armenia After Clashes with Azerbaijan   Google Launch Night In Recap   36 tortues des Galapagos réintroduites dans leur milieu naturel | AFP   ¡Esta es la lista de convocados para enfrentar a Holanda y Argelia! | TUDN   Debate Night: Trump And Biden On Criminal Justice Reform and Policing   Scattered showers and chilly on Thursday   Higheay 231 Reopens Ahead of Schedule   గ్రేటర్ వరంగల్ ఎన్నికల కోసం మొదలైన పార్టీల హంగామా | Mahaa News   View All Today's Popular Videos