Jerome Powell, chairman of the US Federal Reserve, left, and Steven Mnuchin, US Treasury secretary, arrive for a Financial Stability Oversight Council meeting at the US Treasury in Washington on December 19, 2018. Photo: Bloomberg Jerome Powell, chairman of the US Federal Reserve, left, and Steven Mnuchin, US Treasury secretary, arrive for a Financial Stability Oversight Council meeting at the US Treasury in Washington on December 19, 2018. Photo: Bloomberg
Jerome Powell, chairman of the US Federal Reserve, left, and Steven Mnuchin, US Treasury secretary, arrive for a Financial Stability Oversight Council meeting at the US Treasury in Washington on December 19, 2018. Photo: Bloomberg
Kerry Craig
Opinion

Opinion

Macroscope by Kerry Craig

With the Federal Reserve smiling on them, equity markets should have a good year

  • The US and China have reached a partial trade deal, amid forecasts for higher global economic growth in 2020. In addition, central banks like the Fed are not only keeping policy loose but also showing greater tolerance towards inflation

Jerome Powell, chairman of the US Federal Reserve, left, and Steven Mnuchin, US Treasury secretary, arrive for a Financial Stability Oversight Council meeting at the US Treasury in Washington on December 19, 2018. Photo: Bloomberg Jerome Powell, chairman of the US Federal Reserve, left, and Steven Mnuchin, US Treasury secretary, arrive for a Financial Stability Oversight Council meeting at the US Treasury in Washington on December 19, 2018. Photo: Bloomberg
Jerome Powell, chairman of the US Federal Reserve, left, and Steven Mnuchin, US Treasury secretary, arrive for a Financial Stability Oversight Council meeting at the US Treasury in Washington on December 19, 2018. Photo: Bloomberg
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