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.”
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