Amid "pervasive uncertainty" over trade, "the ECB and the U.S. Federal Reserve appear to have given up on plans to tighten [monetary] policy."
The high-profile lawmakers say a 15% cap is needed to protect consumers from the "economic brutality" of big banks.
The Fed doesn't see "a strong case for moving [rates] in either direction" amid weak inflation and solid economic growth.
“The economy is in a sweet spot for now," with inflation pressures remaining too weak for the Fed to raise interest rates.
“Waiting for construction activity to pick up after a sharp drop in mortgage rates is like waiting for Godot."
Interest rate expectations "have been lowered, plus we have some seasonal headwinds in Q2," CFO Paul Donofrio says.
Policymakers still appear to have left themselves "some wiggle room” in determining monetary policy for the rest of 2019.
“The uptick in inflation, being largely driven by higher gas prices, is unlikely to worry investors or the Federal Reserve."
Fed veterans are concerned Trump is seeking to reshape the central bank with political loyalists Herman Cain and Stephen Moore.
The measure of consumer spending fell 0.2% after a 1.2% gain in January, signaling tepid economic growth for the first quarter.
Large companies saw three quarters of strong gains for their chronically underfunded plans almost wiped out by the late-year stock market nosedive.
“The substantial and growing number of distressed borrowers suggests that not all Americans have benefited from the strong labor market,” the bank says.
