But Fed Chairman Jerome Powell also sought to reassure financial markets last week, saying policymakers will be "patient" before making any further moves as they watch to see how the economy evolves and could react quickly to any changes.
Powell said that he had never met Trump before he was interviewed by the president in late 2017 for the Fed chairman's job.
In his remarks before the Economic Club of Washington, Powell described the economy as strong at the end of past year, with the lowest unemployment levels in a half-century and solid gains in wages.
Even so, US central bankers face a challenging year that's complicating their communication.
Powell also said he didn't see signs of a recession in the near term, but noted that his "principal worry" was a slowdown in global growth and that while the U.S. economy appears "solid", a slowdown in China "is a concern".
The Fed's favorite inflation gauge, the personal consumption expenditures price index, clocked in at a 1.8 percent year-over-year rate in November.
USA stocks initially turned lower after Powell said the central bank is sticking with its process of shrinking its balance sheet to a more normal level, which removes stimulus put into place to revive the economy following the financial crisis and recession a decade ago.
Police Seek DNA Where Comatose Woman Gave Birth Police have requested DNA samples from men working at a home where a patient in a vegetative state was raped and later had a baby. The private care facility serves babies, children and young adults who are "medically fragile".
Those holdings are being reduced slowly as the securities mature, dropping by about $50 billion per month, and now stand around $4 trillion, down from a high around $4.5 trillion.
Clarida is the latest US central banker to refine the Fed's monetary message after the hawkish tone of their December 19 statement and forecasts for further rate hikes in 2019 roiled financial markets.
Since the meeting, Fed officials have indicated they're less inclined to keep raising than their statement and projections for hikes in 2019 had suggested.
The balance sheet "will be substantially smaller than it is now", though bigger than it was before the crisis, Powell said.
At the same time, Powell acknowledged that financial markets are expressing concern about risks.
Still, Powell's comments and those of other officials "are developing a new narrative".
In a speech Wednesday, Charles Evans, president of the Fed's Chicago regional bank, said that modest inflation allowed the Fed to "wait and carefully take stock of the incoming data and other developments" before deciding on future rate hikes.
Whether the situation can be reconciled and have him back on the team next year, we're a long way from thinking that can happen. As the Post-Gazette reported, the Steelers can't do anything with Brown until the 2019 season officially starts on March 13th.
Autopsies determined the two died of gunshot wounds and were murdered, and that Closs was inside the home when they were killed. We also want to thank all the Law Enforcement agencies across the state and county that have assisted us in this case.
Just a few months ago, Xiaomi unveiled its latest Redmi Note series smartphone called the Redmi Note 6 Pro ( review ) in Thailand. It seems like Xiaomi is holding this one back until the Chinese New Year, but we can likely expect a horsepower upgrade as well.
However, Bezos' wife, MacKenzie, knew the two were dating, the Post quotes an unnamed person close to Bezos as saying. Fortune noted on Wednesday that Bezos" divorce could "remove the "world's richest man' title from Bezos' resume".
Irish golfer Padraig Harrington has been confirmed as Ryder Cup captain for Team Europe ahead of the tournament next year. Team Europe have dominated the Ryder Cup in recent years, winning nine of the last 12 biennial contests.
One of the bills in the package is called the Rubio-Manchin Combating BDS Act of 2018, meant to limit the BDS movement in the US. Among the Democratic senators who have endorsed Van Hollen's strategy include his fellow Maryland Sen.
Jose Mourinho has only been out of a job for a few weeks, but he is already set to return to our television screens. He said: "I have never been into the game of feeding news stories, but I have no intention of working in Portugal".
They said in response: It is, of course, bad news that Jaguar Land Rover is being forced to make further job cuts. JLR said it regularly reviewed "its production schedules to ensure market demand is balanced globally".
He didn't meet with any Iraqi officials, which angered both Iraqi politicians and militia leaders who have worked with the U.S. For Trump and his minions to achieve more, they must provide some clarity of objective , especially consistency at the outset.
Juventus chief Fabio Paratici said earlier this year in an interview with Sky Sports Italy that Ramsey is an 'excellent player'. However, Juventus are the team in pole-position for the Welshman's signature.
From the looks of the snaps, Tebow got down on one knee in a picturesque field, where some floral decor set the scene. I wanted everything to be flawless and to go smoothly. "I actually wasn't really nervous", Tebow said.
IBM said the Q System One makes it possible to reset qubits in a matter of hours, instead of the days or weeks it normally takes. IBM has, therefore, consolidated all the components of the Q System One into a glass-enclosed, air-tight environment.
Samsung expects sharp drop in fourth-quarter profit
Samsung routinely releases estimated earnings figures before posting detailed results and elaboration toward the end of the month. The firm had seen earnings surge in recent years largely due to strong appetite for memory chips in mobile devices.
Surprise! Samsung Quietly Showed a 5G Phone at CES
In an industry first, a new iTunes Movies and TV Shows app will debut only on Samsung Smart TVs in more than 100 countries. Samsung also announced One UI, a new interface design that will be used with the foldable display.
Nokia 8.1 Plus renders show a punch-hole screen
If you want to get yourself a Nokia 8 .1 smartphone, you can check out the list of official retailers over here . The leak comes courtesy of 91Mobiles and OnLeaks , which have taken a CAD file and turned it into a render.
Hoosiers Fall To Wolverines 74-63
Brandon Johns, a freshman, stepped up in his place and put forth a solid performance, with eight rebounds and eight points. IN will have more depth when center De'Ron Davis, who warmed up Sunday, and guard Rob Phinisee return from injuries.
Aaron Ramsey agrees to join Serie A giants
The Italian champions Juve are nine points clear at the top of Serie A as they chase an eighth successive title. They are once again in the last 16 of this year's competition, where they are facing Atlético Madrid.
Clark County close to active flu season
State health officials have confirmed the first death of a New Jersey child associated with the flu this season. It also misstated the percentage of children that make up B.C.'s population.