President Trump's nominee to succeed Jerome Powell as chair of the U.S. Federal Reserve "isn’t squarely hawkish or dovish – he’s signaling a hybrid stance,” one observer tells Mainebiz.
“Our goal is to design a campus that functions better for customers and employees, improves safety and traffic flow, and fits the character of the neighborhood,” said one executive.
With less than 10 days to go until U.S. monetary policy makers next meet, the only thing that could spook markets this spooky season would be a status quo in interest rates.
Now in its fourth year, the Mainebiz 40 Under 40 program recognizes the state's up-and-coming leaders, the next generation of individuals who are shaping Maine and its economy.
If the stoppage goes into next week, that may also delay the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer prices all originally slated for the next two weeks.
Citing slowing growth in the first half of the year, central bankers lowered interest rates by a quarter of percentage point and signaled the possibility of two more cuts this year.