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Transcripts For FBC The Claman Countdown 20240712

Certainly through the channel i mentioned. Thank you. Thanks for taking my question. Chairman powell, [ inaudible ] to the policy framework, is the fed open to other measures of the economy such as income inequality and affordability of housing . So we monitor everything we think is important in the u. S. Economy and in a broad sense, all of it goes into thinking about Monetary Policy. You mentioned inequality. You know, disparities in income and in Financial Wellbeing by various demographic and racial categories, something we monitor carefully, inequality which i would point to its a multifaceted thing but i would point to the relative stagnation of incomes for people at the lower end of the income spectrum and also lower mobility. So those are things that hold back our economy. They are. The thing is, we dont really have the tools to address those. We have Interest Rates and Bank Supervision and Financial Stability policy and things like that, but we cant get at those things through

Transcripts For CNBC Power Lunch 20170303

Essentially met the feds goals certainly on the employment side and nearing it on the inflation side. 2 inflation goal. She continues to expect, however, gradual rate hikes and says the fed or the committee has decided its appropriate to move to a neutral stance of Monetary Policy rather than one that is accommodative or stimulating the economy. Not acting, the fed chair war n warre warrens waiting too long risks rapid rate hikes. No evidence that the fed chair says its fallen behind the curve and the u. S. Economy has shown remarkable resilience in the face of several shocks. Some of them domestic and some of them global. Prospects for growth, quote, look encouraging and global risks have receded somewhat. Economic challenges, she says, do remain. Doesnt give the economy a clean bill of health and points out some of the problems that plague the economy, low productivity, for example, fiscal policies would best help address rather than monetary polishes. So, whats happening here, guys,

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