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End Date none. Expected Impact allnone. Event Types allForex factory app, none. Currencies allnone. TP2 insade bands when channel change direction this trades are gold one. Thank you for the invitation to address this year's Annual Dinner of the Australian Business Economists. This is the fifth time I have had the privilege of joining you. Thank you Federal Reserve Chairman Jerome Powell signaled that interest rates are unlikely to rise anytime soon, saying Monday that the central bank remains firmly committed to meeting its Gao further noted that the two sides have even agreed to roll back tariffs as part of the phase one deal, but there were different opinions over which tariffs should be removed or to what degree the tariffs should be lowered.
Gao's comments were in line with Chinese officials' long-standing stance concerning the trade talks: China wants a deal, but a fair and balanced one, Forex factory app. Geng Shuang, a spokesperson for the Chinese Ministry of Foreign Affairs, on Monday reiterated that the two sides have maintained close contact and China hopes "both sides could find a solution acceptable on the basis of equality and mutual respect.
On Thursday, Gao Feng, a spokesperson for the Commerce Ministry, said that "China is willing to work with the US to address each other's core concerns properly and strive for a phase one agreement on the basis of equality and mutual respect. As part of that review, we held Fed Listens events around the country where representatives from a wide range of groups have been telling us how the economy is working for them and the people they represent and how the Federal Reserve might better promote the goals Congress has set for us: maximum employment and price stability.
We have heard two messages loud and clear. First, as this expansion continues into its 11th year—the longest in U. Second, Forex factory app, the benefits of the long expansion are only now reaching many communities, and there is plenty of room to build on the impressive gains achieved so far.
These themes show through in many ways in official statistics. For example, more than a decade of steady advances has pushed the jobless rate near a year low, where it has remained for well over a year. But the wealth of middle-income families—savings, home equity, and other assets—has only recently surpassed levels seen before the Great Recession, and the wealth of people with lower incomes, while growing, has yet to fully recover.
Tonight Forex factory app will begin by discussing the Fed's policy actions over the past year to support the favorable outlook. Then I will turn to two important opportunities for further gains from this expansion: maintaining a stable and reliable pace of 2 percent inflation and spreading the benefits of employment more widely.
Monetary Policy and the Economy in We started with a favorable outlook, and over the year the outlook has changed only modestly in the eyes of many forecasters figure 1. For example, in the Survey of Professional Forecasters, the forecast for inflation is a bit lower, Forex factory app, but the unemployment forecast is unchanged and the forecast for gross domestic product GDP is nearly unchanged.
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