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Powell doctrine: on raising interest rates

U.S. Federal Reserve Chairman Jerome Powell’s speech last week at the conference for central bankers in Jackson Hole, Wyoming was a strong defence of the current gradual approach to raising interest rates. With the American economy growing at a strong pace, inflation being close to the Fed’s 2% target and unemployment at a 20-year low,…

Michael Cohen’s lawyer says his client has information about Trump ‘that...

Brendan McDermid/ReutersMichael Cohen.Lanny Davis, Michael Cohen's attorney, says his client has information "that should be of interest" to special counsel Robert Mueller, following his plea deal with federal prosecutors."Mr. Cohen has knowledge on certain subjects that should be of interest to the special counsel, and is more than happy to tell the special counsel all…

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