DJIA23358.24
LIVE-99.29(-0.42%)
NDX6314.51
LIVE-24.63(-0.39%)

Fed's Yellen: It's confusing with so many voices on the FOMC


Tuesday, 14 November 2017 21:35 WIB

The FedYellen


c_740_198_16777215_00_images_assets_12YellenBN-SC304_YELLEN_M_20170214110041.jpg

Federal Reserve Chairwoman Janet Yellen on Tuesday admitted that the range of different voices on the central bank’s policy-setting committee can be confusing to the public, calling it one of the institution’s biggest challenges.

Speaking in a panel discussion in Frankfurt alongside European Central Bank President Mario Draghi, Bank of Japan Gov. Haruhiko Kuroda and Bank of England Gov. Mark Carney, Yellen said having 19 members on the Federal Open Market Committee creates healthy debates but also that it creates confusion when they offer differing views in speeches and interviews.

“It is confusing to the public with some many voices,” said Yellen, whose term as chairwoman expires in February. President Donald Trump announced earlier this month he would nominate Fed Gov. Jerome Powell to succeed her.

Source : Market Watch


RELATED NEWS

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.