2017-12-14 12:41:00 Thu ET
federal reserve monetary policy treasury dollar employment inflation interest rate exchange rate macrofinance recession systemic risk economic growth central bank fomc greenback forward guidance euro capital global financial cycle credit cycle yield curve
Federal Reserve raises the interest rate by 25 basis points to the target range of 1.25% to 1.5% as FOMC members revise up their GDP estimate from 2% to 2.5%. These relevant monetary policy events unravel in response to the Yellen legacy and the Trump administration's accommodative fiscal stimulus. Although U.S. inflation gets a modest boost from 1.6% to 1.7%, this current forecast for 2018 remains below the 2% neutral target. Furthermore, FOMC members note that the labor market continues to improve near full employment. This upgrade suggests that most state-specific job conditions will further strengthen in 2018.
As Fed Chair Janet Yellen confirms with her successor Jerome Powell the final interest rate hike in December 2017, she has left a key monetary policy legacy in U.S. history. She has successfully steered the U.S. economy out of the global financial crisis of 2008-2009, and has applied her dovish acumen to normalize U.S. monetary policy post-QE to attain full employment, low inflation, and sound financial stability. Powell should thank Yellen for this benign inheritance at the Federal Reserve.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-07-29 11:33:00 Monday ET
Blackrock asset research director Andrew Ang shares his economic insights into fundamental factors for global asset management. As Ang indicates in an inter
2027-01-31 12:25:00 Sunday ET
In recent decades, many governments have chosen to run high fiscal deficits on top of sovereign debt mountains so that greater government intervention still
2023-07-21 10:30:00 Friday ET
Joseph Stiglitz and Andrew Charlton suggest that free trade helps promote better economic development worldwide. Joseph Stiglitz and Andrew Charlton (200
2025-06-13 08:23:00 Friday ET
What are the mainstream legal origins of President Trump’s new tariff policies? We delve into the mainstream legal origins of President Trump&rsquo
2018-06-25 12:43:00 Monday ET
Apple and Samsung are the archrivals for the title of the world's top smart phone maker. The recent patent lawsuit settlement between Apple and Samsung
2019-08-07 12:33:00 Wednesday ET
Conor McGregor learns a major money lesson from LeBron James. This lesson suggests that James spends about $1.5 million on his own body each year. The $1.5