Diabytes
Lael Brainard News
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US stock markets remain near record highs despite a sharp increase in volatility this year, brought on in part by uncertainty over how the Fed might react to the fiscal boost and an economy that is expected to heat up.
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Yellen's decision gives Trump in his first year in office the chance to fill five positions on the Fed's seven-member board, in addition to picking Powell to be the next Fed chairman.
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The Federal Reserve should avoid removing support for the U.S. economy too quickly, Fed Governor Lael Brainard said on Monday in comments that solidified the view the central bank would leave interest rates unchanged next week.
The US Federal Reserve kept its benchmark short-term interest rates unchanged as widely expected, noting that "global economic and financial developments continue to pose risks" to the US economy.
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