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20090604
20171118
STATION
DATE
2015 4
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
regarding the impact of weakening economies of europe, china and emerging market countries. this morning the european central bank announced that it's expanding its stimulus measures and taking its overnight deposit rates further into negative territory. china devalued its currency in august amidst financial turmoil. the action taken by these countries will have an impact of the value of a dollar and the economy. we're interested in having the chairman address that issue also. these are some of the major issues we will discuss, and i certainly look forward to hearing chair yellen's thoughts on this. there is also growing uncertainty that we should add to the occasion. too many mornings we hear breaking news or pick up the newspaper and find headlines we don't want to read. that appears to be a spreading cancer not only in the united states but also throughout the world. and so the uncertainty that that levels and the impact that it has on economic policies is perhaps another issue that we ought to be discussing. this morning, unfortunately, the house of representatives has a seri
. questions arise regarding the impact of weakening economies in europe, china, and emerging market countries. the european central bank announced it's expanding stimulus measures. china devalued its currency in august in response to financial turmoil and other major international trading partners face significant economic challenges. the actions taken by these countries will have an impact on the value of the dollar and the u.s. economy. we look forward to hearing the chairman address that issue also. these are some of the major issues we will discuss and i certainly look forward to hearing chair yellen's thoughts on this. there is global uncertainty also, i think that we should add to this equation. too many mornings we tune into breaking news or pick up the newspaper and find headlines that we don't want to read. that appears to be a spreading cancer, not only in the united states, but also throughout the world. and so the uncertainty that that levels and that impact that it has on economic policies is perhaps another issue that we ought to be discussing. this morning, unfortunat
economy. we see slowdowns in china, we see problems, significant problems, in brazil and throughout any emerging markets. my question is -- that clearly is the -- the world seems to be on a negative trend. how do you balance those two issues out relative to their impact on each other? and how does the fomc take that into consideration in terms of their decision making? >> thank you for that. we have seen relatively weak growth in the global economy with different parts of the global economy faring differently, but relatively weak growth. the u.s. has enjoyed stronger growth in labor market performance. that weak growth shows through to the demand for u.s. exports, and it's one factor that has been depressing u.s. net exports. in addition, that different strength in the u.s. economy have reflected a difference also in the path of monetary policy. as you noted, the ecb has added stimulus, has taken additional actions today to provide further stimulus while there is an expectation that the fomc is coming closer to raising rates. that difference in expectations about monetary policy reflect
Search Results 0 to 3 of about 4 (some duplicates have been removed)