Ex-Fed Chief Bernanke: US economic growth could face a challenging slowdown

Dhwani Mehta FXStreet

Former Federal Reserve (Fed) Chairman Ben Bernanke was on the wires last minutes, via Bloomberg, speaking at the American Enterprise Institute, a Washington think tank.

Key Quotes:

“U.S. economic growth could face a challenging slowdown.

US economy faces a "Wile E. Coyote" moment in 2020.

The $1.5 trillion in personal and corporate tax cuts and a $300 billion increase in federal spending signed by President Donald Trump "makes the Fed's job more difficult all around" because it's coming at a time of very low U.S. unemployment

What you are getting is a stimulus at the very wrong moment.

The economy is already at full employment."

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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