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.
2025-10-01 10:29:00 Wednesday ET
Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund
2020-07-05 11:31:00 Sunday ET
Business entrepreneurs dare to dream, remain true and authentic to themselves, and try to make a great social impact in the world. Alex Malley (2014)
2020-04-24 11:33:00 Friday ET
Disruptive innovations tend to contribute to business success in new blue-ocean markets after iterative continuous improvements. Clayton Christensen and
2019-08-03 09:28:00 Saturday ET
U.S. inflation has become sustainably less than the 2% policy target in recent years. As Harvard macro economist Robert Barro indicates, U.S. inflation has
2017-06-03 05:35:00 Saturday ET
Fundamental value investors, who intend to manage their stock portfolios like Warren Buffett and Peter Lynch, now find it more difficult to ferret out indiv
2024-05-05 10:31:00 Sunday ET
Stock Synopsis: Pharmaceutical post-pandemic patent development cycle In terms of stock market valuation, the major pharmaceutical sector remains at its