Fed Leaves Rate Unchanged as Yellen Departs; Sets Up March Hike
Thursday, 1 February 2018 02:14 WIB | FISCAL & MONETARY |Federal ReserveThe FedEkonomi AS

Federal Reserve officials, meeting for the last time under Chair Janet Yellen, left borrowing costs unchanged while adding emphasis to their plan for more hikes, setting the stage for an increase in March under her successor Jerome Powell.

œThe committee expects that economic conditions will evolve in a manner that will warrant further gradual increases in the federal funds rate, the policy-setting Federal Open Market Committee said in a statement Wednesday in Washington, adding the word œfurther twice to previous language.

The changes to the statement, collectively acknowledging stronger growth and more confidence that inflation will rise to the 2 percent target, may spur speculation that the Fed will pick up the pace of interest-rate increases. Officials also said inflation œis expected to move up this year and to stabilize around the goal, in phrasing that marked an upgrade from December.

At the same time, the Fed repeated language saying that œnear-term risks to the economic outlook appear roughly balanced.

With her term ending later this week after President Donald Trump chose to replace her, Yellen is handing the reins to Powell, who has backed her gradual approach and is widely expected to raise interest rates at the FOMC's next meeting for the sixth time since late 2015. Fed officials are hoping to keep a tight labor market from overheating without raising borrowing costs so fast that it would stifle the economy.

œGains in employment, household spending and business fixed investment have been solid, and the unemployment rate has stayed low, the Fed said, removing previous references to disruptions from hurricanes. œMarket-based measures of inflation compensation have increased in recent months but remain low.

Source : Bloomberg

RELATED NEWS

BOE Keeps Policy Unchanged in a Unanimous Decision
Thursday, 8 February 2018 19:18 WIB

Pada pertemuan pertama di tahun 2018, Komite Kebijakan Moneter Bank of England (BoE) memutuskan untuk mempertahankan suku bunga acuan di angka 0,5 % dengan suara bulat 9-0. Komite juga memutuskan dengan suara bulat untuk mempertahankan fasilitas pembelian asetnya di angka £435 miliar dan target ob...

Australia Holds Rate for Record 16th Meeting Amid Currency Gains
Tuesday, 6 February 2018 11:06 WIB

Bank sentral Australia mempertahankan suku bunga tidak berubah untuk rekor pertemuan ke-16 seiring mata uang yang kembali bangkit mengancam eksportir dan menekan inflasi lebih lanjut. Chief Reserve Bank of Australia Philip Lowe mempertahankan tingkat suku bunga tidak berubah di 1,5 persen pada hari...

Draghi Sees Inflation Optimism in Recovery But Euro a Worry
Thursday, 25 January 2018 21:47 WIB

Mario Draghi menyatakan keyakinan baru bahwa pemulihan kawasan euro akan menghidupkan kembali inflasi, mendorong euro ke level tertinggi dalam lebih dari tiga tahun meskipun secara bersamaan memberikan peringatan terhadap pergerakan tajam dalam nilai tukar. Meningkatkan momentum ekonomi telah "memp...

ECB Keeps Policy Unchanged as Euro Gains Risk Curbing Inflation
Thursday, 25 January 2018 20:10 WIB

Bank Sentral Eropa mempertahankan janjinya untuk bergerak perlahan dalam menghapus stimulus kawasan euro, yang menetapkan panggung bagi Presiden Mario Draghi untuk menghadapi pertanyaan mengenai kekuatan mata uang tunggal. Pembuat kebijakan mengulangi bahwa mereka akan terus membeli aset 30 miliar ...

PBOC Researcher Sees Room for Higher Interest Rates
Monday, 8 January 2018 10:32 WIB

Inflasi pabrik yang lebih cepat dan keuntungan di sektor industri pada tahun lalu telah menciptakan ruang bagi kenaikan suku bunga secara keseluruhan, kata peneliti People of Bank of China, Ji Min, menurut sebuah laporan oleh China Daily. Inflasi dan nilai tukar mata uang asing juga harus diperhitu...

POPULAR NEWS
Friday, 16 February 2018 22:36
US Stocks Open Flat Amid Investor Caution
Friday, 16 February 2018 11:36
Trump Vows to Push for School Safety
Friday, 16 February 2018 22:03
Gold heads for best weekly gain since 2016
Friday, 16 February 2018 17:15
Gold Set for Best Week Since 2016 on Dollar Slump
ANOTHER NEWS
US Stocks Open Flat Amid Investor Caution
Friday, 16 February 2018 22:36 WIB Wall Street stocks were flat in early trading Friday, threatening a five-day winning streak in a sign investors remain somewhat cautious after the volatility in equities this month. About 15 minutes into trading, the Dow Jones Industrial Average...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.