The Fed repeated that it sees “strong job gains” and that labor-market conditions have “improved further.” The Fed will now set policy at each meeting based on the latest economic data, making its actions less predictable. While Fed officials lowered their estimate for the federal funds rate at the end of 2015, they said in their statement that “this change in the forward guidance does not indicate that the Committee has decided on the timing of the initial increase in the target range.”ĭropping the pledge to be “patient” marks a shift away from the explicit guidance on the future path of policy that the Fed has used since late 2008 to keep longer-term borrowing costs low. Ten-year Treasury notes yielded 1.96 percent, down nine basis points. The Standard & Poor’s 500 Index was up 0.9 percent at 2,091.92B as of 2:31 p.m. Stocks rose, erasing earlier losses, after the FOMC announcement.
At the same time, inflation and wage growth that remain too low are giving her reasons for caution. Yellen is preparing for an exit from the most aggressive easing in the Fed’s 100-year history as the job market overcomes the damage wrought by the deepest recession since the 1930s. “An increase in the target range for the federal funds rate remains unlikely at the April” meeting, it said in its statement. The Federal Open Market Committee said it will be appropriate to tighten “when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.”
“Just because we removed the word patient from the statement doesn’t mean we are going to be impatient,” Chair Janet Yellen said in a press conference Wednesday in Washington. The new signals were contained in a policy statement that ended an era by dropping an assurance that the Fed will be “patient” in raising rates, and in a fresh set of estimates that lowered the median for the federal funds rate the end of 2015 to 0.625 percent compared with 1.125 percent in December. (Bloomberg) - The Federal Reserve opened the door to an interest-rate increase as soon as June, while also indicating it will go slow once it gets started. Posisi indeks dolar AS Pk.06:53 WIB(25 Maret) Indeks dolar AS seperti dikutip dari Bloomberg, pada perdagangan hari ini dibuka naik 0,09% ke 97,277.
ULASAN SEDERHANA gw SOAL STRONG DOLLAR POLICY(negara korbannya)ĭollar index per JAKARTA- Indeks dolar Amerika Serikat pagi ini, Rabu () masih tetap bertengger di level 97, meski sudah dua hari terakhir mampu menguat tipis.
0 kommentar(er)
