Fed Chair Powell: Ready to use QE, guidance “aggressively” in a downturn, USD stable
Wednesday, 12 February 2020 22:41 WIB | FISCAL & MONETARY |Federal Reserve

Jerome Powell, Chairman of the Federal Reserve, has said that the bank is ready to use Quantitative Easing (QE) and also forward guidance "aggressively" in a downturn. Powell is testifying before the Senate's Banking Committee in Washington.

The US dollar has been edging higher alonside higher bond yields.

He added that the US spending on healthcare is excessive and that he would be concerned about the level of US debt “ that needs to grow at a slower pace than the economy.

Housing affordability is also an issue despite it doing better. On trade, the central banker has said that lower uncertainty may mean some upside for investment.

Source : FXstreet

RELATED NEWS

Fed officials more upbeat about the economic outlook this year, minutes show
Thursday, 20 February 2020 02:35 WIB

Federal Reserve officials and the central bank™s staff said the U.S. economy seemed stronger in late January than they had expected, according to minutes of their late-January meeting released Wednesday. The risks to the outlook were more favorable than had appeared at their meeting in mid-Decemb...

RBA Reviewed Case for Further Rate Cut, Worried About Borrowing
Tuesday, 18 February 2020 08:02 WIB

Australia™s central bank reviewed the case for a further interest-rate cut, but decided against it in order to avoid encouraging additional borrowing as house prices climb, minutes of its Feb. 4 meeting in Sydney showed. The Reserve Bank also expects the coronavirus outbreak to œsubtract from g...

Carney Speech: Low Interest Rate Environment Adds to Government's Fiscal Capacity
Tuesday, 11 February 2020 23:02 WIB

The low interest rate environment adds to the government's fiscal policy, Bank of England (BoE) Governor Mark Carney said on Tuesday in his speech before the Economic Affairs Committee. "Low interest rate environment is putting some pressure on UK bank margins but should be kept in perspective," Car...

Lagarde speech: Inflation Remains Some Distance Below Our Medium-Term Aim
Tuesday, 11 February 2020 21:25 WIB

The growth momentum of the euro area has been slowing down since 2018 dur to global uncertainties and weaker international trade, European Central Bank (ECB) President Christine Lagarde said in her prepared remarks at the European Parliament's plenary session. "Moderating growth has also weakened p...

Fed's Powell says risks to the U.S. economy remain, particularly from the coronavirus
Tuesday, 11 February 2020 21:04 WIB

Some of the forces that held down U.S. economic growth last year have eased, but risks to the outlook remain, particularly from the coronavirus, Federal Reserve Chairman Jerome Powell said Tuesday. œWe are closely monitoring the emergence of the coronavirus, which could lead to disruptions in Chi...

ANOTHER NEWS
Gold Trims Monthly Gain Amid Virus-Fueled Stock Rout
Friday, 28 February 2020 10:09 WIB Gold slipped, trimming a third monthly gain, even as stocks tumbled again on concern the coronavirus oubreak will harm global growth. In February, bullion has benefited from the flight from risk as investors grapple with...

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.