Why Trump is wrong on Powell, Advancing the European regulatory agenda

Banking, Conferences, Seminars, Forums, European Union, Finance, News — By on January 2, 2019 at 6:48 AM

The Fed

Commentary: Why Trump is wrong on Powell

By Mark Sobel in Washington

President Trump has shown spurious reasoning in attacking the Fed and Chairman Jay Powell. It would be a huge disservice to America, the Fed and its independence if a debate over monetary policy gave succour to Trump’s attacks. Now is the time to vigorously protect Fed independence. A reasonable debate can be conducted about the Fed rate hike. But all should recognise that both sides have plausible arguments. A 25 basis point rise will not kill the golden goose of the US economy.

Read the full commentary on the website.

Meeting: Advancing the European regulatory agenda 

Thursday 24 January, New York, 13:30 EST

The euro area has been faced with many challenges over the years, from the sovereign debt crisis and political misalignment, to complications with fiscal integration and banking union. Covering the European regulatory agenda, Nathalie Aufauvre, director general for financial stability and operations at Banque de France, will discuss topics including European market infrastructure regulation and Britain’s exit from the European Union.

Request to attend the meeting.



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