2019-12-10 09:30:00 Tue 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 institutes the third interest rate cut with a rare pause signal. The Federal Open Market Committee (FOMC) reduces the benchmark interest rate by 25 basis points to a reasonable range of 1.5% to 1.75% in accordance with Wall Street analyst forecasts. At this stage, Fed Chair Jerome Powell indicates that the central bank may pause key interest rate adjustments until early-2020 or even mid-2020. With some subtlety, Powell removes one clause in previous FOMC monetary policy statements since June 2019 that the Federal Reserve seeks to make dovish interest rate reductions to help sustain the current economic expansion.
Hawkish regional presidents Esther George of Kansas City and Eric Rosengren of Boston again vote against the third interest rate reduction. The FOMC continues to monitor the monetary policy implications of both new U.S. economic data and global trade risk retrenchment as FOMC members assess the appropriate path of the target range for the federal funds rate. The current U.S. monetary policy stance remains appropriate in the foreseeable future. Several financial economists warn that the recent trifecta of interest rate cuts means fewer monetary policy levers for Federal Reserve when the U.S. economy inadvertently enters the next recession.
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.
2017-05-31 06:36:00 Wednesday ET

The Federal Reserve rubber-stamps the positive conclusion that all of the 34 major banks pass their annual CCAR macro stress tests for the first time since
2019-08-14 10:31:00 Wednesday ET

Netflix suffers its first major loss of U.S. subscribers due to the recent price hikes. The company adds only 2.7 million new subscribers in 2019Q2 in stark
2017-12-15 07:42:00 Friday ET

Disney acquires 21st Century Fox in a $52 billion landmark deal. This deal has a total value of about $66 billion while Disney assumes $14 billion of Fox
2018-09-25 10:35:00 Tuesday ET

Sirius XM pays $3.5 billion shares to acquire the music app company Pandora. This acquisition would form the largest audio entertainment company worldwide.
2019-12-22 08:30:00 Sunday ET

European Commission President Ursula von der Leyen now protects the European circular economy and green growth from 2020 to 2050. The new circular economy r
2023-04-14 13:32:00 Friday ET

Calomiris and Haber delve into the comparative analysis of bank crises and politics in America, Britain, Canada, Mexico, and Brazil. Charles Calomiris an