Kotor Baju

Minggu, 23 Juni 2019

Trump says he never threatened to demote Federal Reserve Chairman Jerome Powell - CNBC

President Donald Trump, left, and Jerome Powell, governor of the U.S. Federal Reserve and Trump's nominee for chairman of the Federal Reserve, walk to a nomination announcement in the Rose Garden of the White House in Washington, D.C., U.S., on Thursday, Nov. 2, 2017.

Saul Loeb | AFP | Getty Images

President Donald Trump said he never threatened to demote Federal Reserve Chairman Jerome Powell, though he maintained he has the authority to do so.

"I didn't ever threaten to demote him," Trump said in an interview with NBC's "Meet The Press" that aired Sunday. "I'd be able to do that if I wanted, but I haven't suggested that."

Trump went on to criticize the Federal Reserve for raising interest rates, saying Chairman Powell made a mistake.

"Obama had someone that kept the rates very low," Trump said. "I had somebody that raised the rates very rapidly -- too much. He made a mistake, that's been proven."

The Federal Reserve on Wednesday held interest rates steady, indicating that there would not be a cut in 2019. The central bank, however, forecast one to two possible rate cuts in 2020.

When asked Tuesday whether he wanted to demote Powell, Trump said: "Let's see what he does."

Bloomberg had reported that Trump considered demoting Powell in February, but White House economic advisor Larry Kudlow said the president wasn't currently considering such a move.

"It's a six-month-old story," he told reporters. "It allegedly happened six months ago and it's not happening today and therefore I have nothing to say about it. It is what it is."

Powell was asked point blank at a news conference after the Wednesday Fed meeting about how he would react if Trump said he wanted to demote him.

"I think the law is clear that I have a four-year term, and I fully intend to serve it," Powell said.

When asked whether he should address Trump's repeated criticism, the Fed chairman said he doesn't "discuss elected officials publicly or privately."

The Federal Reserve has raised interest rates seven times since Trump took office and originally indicated two more rate hikes in 2019. The central bank pivoted and adopted a more dovish stance after its hike in December sent markets reeling.

Trump has repeatedly claimed the stock market would be higher and economic growth faster if the Fed had not raised rates.

In the same "Meet The Press" interview that aired Sunday, Trump was asked whether he believed Fed policy would jeopardize his reelection chances.

"I think the economy is so strong we're going to bull through it," the president said. "But I'm not happy with his actions, I don't think he's done a good job."

Let's block ads! (Why?)

https://www.cnbc.com/2019/06/23/trump-says-he-never-threatened-to-demote-federal-reserve-chairman-jerome-powell.html

2019-06-23 14:19:30Z
52780319728164

Trump says he never threatened to demote Federal Reserve Chairman Jerome Powell - CNBC

Saul Loeb | AFP | Getty Images

President Donald Trump said he never threatened to demote Federal Reserve Chairman Jerome Powell, though he maintained he has the authority to do so.

"I didn't ever threaten to demote him," Trump said in an interview with NBC's "Meet The Press" that aired Sunday. "I'd be able to do that if I wanted, but I haven't suggested that."

Trump went on to criticize the Federal Reserve for raising interest rates, saying Chairman Powell made a mistake.

"Obama had someone that kept the rates very low," Trump said. "I had somebody that raised the rates very rapidly -- too much. He made a mistake, that's been proven."

The Federal Reserve on Wednesday held interest rates steady, indicating that there would not be a cut in 2019. The central bank, however, forecast one to two possible rate cuts in 2020.

When asked Tuesday whether he wanted to demote Powell, Trump said: "Let's see what he does."

Bloomberg had reported that Trump considered demoting Powell in February, but White House economic advisor Larry Kudlow said the president wasn't currently considering such a move.

"It's a six-month-old story," he told reporters. "It allegedly happened six months ago and it's not happening today and therefore I have nothing to say about it. It is what it is."

Powell was asked point blank at a news conference after the Wednesday Fed meeting about how he would react if Trump said he wanted to demote him.

"I think the law is clear that I have a four-year term, and I fully intend to serve it," Powell said.

When asked whether he should address Trump's repeated criticism, the Fed chairman said he doesn't "discuss elected officials publicly or privately."

Trump has repeatedly claimed the stock market would be higher and economic growth faster if the Fed had not raised rates.

In the same "Meet The Press" interview that aired Sunday, Trump was asked whether he believed Fed policy would jeopardize his reelection chances.

"I think the economy is so strong we're going to bull through it," the president said. "But I'm not happy with his actions, I don't think he's done a good job."

Let's block ads! (Why?)

https://www.cnbc.com/2019/06/23/trump-says-he-never-threatened-to-demote-federal-reserve-chairman-jerome-powell.html

2019-06-23 14:19:29Z
52780319728164

Trump says he never threatened to demote Federal Reserve Chairman Jerome Powell - CNBC

Saul Loeb | AFP | Getty Images

President Donald Trump said he never threatened to demote Federal Reserve Chairman Jerome Powell, though he maintained he has the authority to do so.

"I didn't ever threaten to demote him," Trump said in an interview with NBC's "Meet The Press" that aired Sunday. "I'd be able to do that if I wanted, but I haven't suggested that."

Trump went on to criticize the Federal Reserve for raising interest rates, saying Chairman Powell made a mistake.

"Obama had someone that kept the rates very low," Trump said. "I had somebody that raised the rates very rapidly -- too much. He made a mistake, that's been proven."

The Federal Reserve on Wednesday held interest rates steady, indicating that there would not be a cut in 2019. The central bank, however, forecast one to two possible rate cuts in 2020.

When asked Tuesday whether he wanted to demote Powell, Trump said: "Let's see what he does."

Bloomberg had reported that Trump considered demoting Powell in February, but White House economic advisor Larry Kudlow said the president wasn't currently considering such a move.

"It's a six-month-old story," he told reporters. "It allegedly happened six months ago and it's not happening today and therefore I have nothing to say about it. It is what it is."

Powell was asked point blank at a news conference after the Wednesday Fed meeting about how he would react if Trump said he wanted to demote him.

"I think the law is clear that I have a four-year term, and I fully intend to serve it," Powell said.

When asked whether he should address Trump's repeated criticism, the Fed chairman said he doesn't "discuss elected officials publicly or privately."

Trump has repeatedly claimed the stock market would be higher and economic growth faster if the Fed had not raised rates.

In the same "Meet The Press" interview that aired Sunday, Trump was asked whether he believed Fed policy would jeopardize his reelection chances.

"I think the economy is so strong we're going to bull through it," the president said. "But I'm not happy with his actions, I don't think he's done a good job."

Let's block ads! (Why?)

https://www.cnbc.com/2019/06/23/trump-says-he-never-threatened-to-demote-federal-reserve-chairman-jerome-powell.html

2019-06-23 14:01:35Z
52780319728164

Trump says he never threatened to demote Federal Reserve Chairman Jerome Powell - CNBC

Saul Loeb | AFP | Getty Images

President Donald Trump said he never threatened to demote Federal Reserve Chairman Jerome Powell, though he maintained he has the authority to do so.

"I didn't ever threaten to demote him," Trump said in an interview with NBC's "Meet The Press" that aired Sunday. "I'd be able to do that if I wanted, but I haven't suggested that."

Trump went on to criticize the Federal Reserve for raising interest rates, saying Chairman Powell made a mistake.

"Obama had someone who kept the rates very low," Trump said. "I had somebody who raised the rates very rapidly -- too much. He made a mistake, that's been proven."

The Federal Reserve on Wednesday held interest rates steady, indicating that there would not be a cut in 2019. The central bank, however, forecast one to two possible rate cuts in 2020.

When asked Tuesday whether or not he wanted to demote Powell, Trump said: "Let's see what he does."

Bloomberg had reported that Trump considered demoting Powell in February, but White House economic advisor Larry Kudlow said the president wasn't currently considering such a move.

"It's a six-month-old story," he told reporters. "It allegedly happened six months ago and it's not happening today and therefore I have nothing to say about it. It is what it is."

Powell was asked point blank at a news conference after the Wednesday Fed meeting about how he would react if Trump said he wanted to demote him.

"I think the law is clear that I have a four-year term, and I fully intend to serve it," Powell said.

When asked whether he should address Trump's repeated criticism, the Fed chairman said he doesn't "discuss elected officials publicly or privately."

The Federal Reserve has raised interest rates 7 times since Trump took office and originally indicated two more rate hikes in 2019. The central bank pivoted and adopted a more dovish stance after its hike in December sent markets reeling.

Trump has repeatedly claimed the stock market would be higher and economic growth faster if the Fed had not raised rates.

In the same "Meet The Press" interview, Trump was asked whether he believed Fed policy would jeopardize his reelection chances.

"I think the economy is so strong we're going to bull through it," the president said. "But I'm not happy with his actions, I don't think he's done a good job."

Let's block ads! (Why?)

https://www.cnbc.com/2019/06/23/trump-says-he-never-threatened-to-demote-federal-reserve-chairman-jerome-powell.html

2019-06-23 13:26:30Z
52780319728164

Trump says he never threatened to demote Federal Reserve Chairman Jerome Powell - CNBC

Saul Loeb | AFP | Getty Images

President Donald Trump said he never threatened to demote Federal Reserve Chairman Jerome Powell, though he maintained he has the authority to do so.

"I didn't ever threaten to demote him," Trump said in an interview with NBC's Meet The Press that aired Sunday. "I'd be able to do that if I wanted, but I haven't suggested that."

Trump went on to criticize the Federal Reserve for raising interest rates, saying Chairman Powell made a mistake.

"Obama had someone who kept the rates very low," Trump said. "I had somebody who raised the rates very rapidly -- too much. He made a mistake, that's been proven."

The Federal Reserve on Wednesday held interest rates steady, indicating that there would not be a cut in 2019. The central bank, however, forecast one to two possible rate cuts in 2020.

When asked Tuesday whether or not he wanted to demote Powell, Trump said: "Let's see what he does."

Bloomberg had reported that Trump considered demoting Powell in February, but White House economic advisor Larry Kudlow said the president wasn't currently considering such a move.

"It's a six-month-old story," he told reporters. "It allegedly happened six months ago and it's not happening today and therefore I have nothing to say about it. It is what it is."

Powell was asked point blank at a news conference after the Wednesday Fed meeting about how he would react if Trump said he wanted to demote him.

"I think the law is clear that I have a four-year term, and I fully intend to serve it," Powell said.

When asked whether he should address Trump's repeated criticism, the Fed chairman said he doesn't "discuss elected officials publicly or privately."

In the same Meet The Press interview, Trump was asked whether he believed Fed policy would jeopardize his reelection chances.

"I think the economy is so strong we're going to bull through it," the president said. But I'm not happy with his actions, I don't think he's done a good job."

This is breaking news. Please Check back for updates.

Let's block ads! (Why?)

https://www.cnbc.com/2019/06/23/trump-says-he-never-threatened-to-demote-federal-reserve-chairman-jerome-powell.html

2019-06-23 13:26:29Z
52780319728164

FedEx, in another error, misses delivery of Huawei package to U.S. - Reuters

(Reuters) - FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S. delivery company said an error led to the Chinese firm’s packages being misdirected.

FILE PHOTO: A Federal Express truck makes its way down a freeway in San Diego, California August 22, 2014. REUTERS/Mike Blake/File Photo

“The package in question was mistakenly returned to the shipper, and we apologize for this operational error,” FedEx told Reuters in an emailed statement. A company spokeswoman confirmed that the package was U.S. bound but declined to say what it contained.

China's Global Times newspaper said in a tweet bit.ly/2ZB6isY later that FedEx is likely to be added to China's 'unreliable entities list' due to the incident.

Amid a bruising trade dispute between Washington and Beijing, China threatened late in May to unveil an unprecedented hit-list of “unreliable” foreign firms, groups and individuals that harm the interests of Chinese companies.

Huawei, the world’s biggest telecoms gear maker, is at the center of the U.S.-China trade dispute.

China’s commerce ministry and FedEx did not respond immediately to a request for comment on the likelihood of the company being added to the ‘unreliable’ list. Global Times is published by the ruling Communist Party’s People’s Daily.

China launched an investigation into FedEx earlier this month over Huawei parcels delivered to the wrong address, without giving details about the deliveries in question.

China’s state news agency Xinhua had said back then that the investigation into FedEx over misdirected mail should not be regarded as retaliation against the U.S. company, amid the trade spat.

The United States and China have been engaged in a trade dispute for months on issues such as tariffs, subsidies, technology, regulations and cyber security, among others, with Washington putting Huawei on a blacklist last month citing national security.

“FedEx can accept and transport all Huawei products except for any shipments to listed Huawei entities on the U.S. Entity List,” the company said on Sunday.

On Friday, the U.S. Commerce Department said it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security “entity list” that bars them from buying U.S. parts and components without government approval.

Huawei, which said it was reviewing its relationship with FedEx after the mishandling of its packages earlier, did not immediately respond to a Reuters request for comment on Sunday.

Reporting by Kanishka Singh in Bengaluru; Editing by Muralikumar Anantharaman

Our Standards:The Thomson Reuters Trust Principles.

Let's block ads! (Why?)

https://www.reuters.com/article/us-huawei-tech-fedex-usa/fedex-in-another-error-misses-delivery-of-huawei-package-to-us-idUSKCN1TO047

2019-06-23 05:21:00Z
52780318695974

Sabtu, 22 Juni 2019

Electric Planes, Flying Taxis, Supersonic Jets: Paris Air Show Gives Us a Peek at the Future of Flight - Fortune

Welcome! To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices.

You always have the choice to experience our sites without personalized advertising based on your web browsing activity by visiting the DAA’s Consumer Choice page, the NAI's website, and/or the EU online choices page, from each of your browsers or devices. To avoid personalized advertising based on your mobile app activity, you can install the DAA’s AppChoices app here. You can find much more information about your privacy choices in our privacy policy.   Even if you choose not to have your activity tracked by third parties for advertising services, you will still see non-personalized ads on our site.

By clicking continue below and using our sites or applications, you agree that we and our third party advertisers can:

transfer your personal data to the United States or other countries, and
process your personal data to serve you with personalized ads, subject to your choices as described above and in our privacy policy.

EU Data Subject Requests

Let's block ads! (Why?)

http://fortune.com/2019/06/22/2019-paris-air-show-tech/

2019-06-22 16:38:00Z
CBMiN2h0dHA6Ly9mb3J0dW5lLmNvbS8yMDE5LzA2LzIyLzIwMTktcGFyaXMtYWlyLXNob3ctdGVjaC_SAUJodHRwOi8vYW1wLnRpbWVpbmMubmV0L2ZvcnR1bmUvMjAxOS8wNi8yMi8yMDE5LXBhcmlzLWFpci1zaG93LXRlY2g