2019-10-07 12:35:00 Mon 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 reduces the interest rate by another key quarter point to the target range of 1.75%-2% in September 2019. In accordance with the Federal Reserve dot plot of interest rate expectations, 5 FOMC members favor the prior status quo of 2% to 2.25%.
The same flagship dot plot suggests that 5 FOMC members support a quarter point cut with no more rate cuts through the remainder of the current calendar year. The dot plot further indicates that 7 FOMC members support at least one more interest rate cut in late-2019. The U.S. monetary policy committee cites the implications of global trade frictions and other regional clouds of both fiscal policy uncertainty and asset price normalization for the current economic outlook. Low inflation remains the root cause of the second interest rate cut. The recent dovish monetary policy stance accords with the Federal Reserve dual mandate of maximum sustainable employment and price stability.
Federal Reserve Chair Jerome Powell indicates that it may be essential for most market participants to raise the bar for any further interest rate reductions due to tighter financial constraints in the foreseeable future. Data dictate future moderate moves in the monetary policy space.
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.
2018-03-29 14:28:00 Thursday ET
Share prices tumble for technology stocks due to Trump's criticism of Amazon's tax avoidance, Facebook user data breach of trust, and Tesla autopilo
2023-05-21 12:26:00 Sunday ET
Amy Chua and Jed Rubenfeld suggest that relatively successful ethnic groups exhibit common cultural traits in America. Amy Chua and Jed Rubenfeld (2015)
2021-05-20 10:30:00 Thursday ET
Artificial intelligence, 5G, and virtual reality can help transform global trade, finance, and technology. Core trade technological advances and disruptive
2018-03-02 12:34:00 Friday ET
White House top economic advisor Gary Cohn resigns due to his opposition to President Trump's recent protectionist decision on steel and aluminum tariff
2017-06-15 07:32:00 Thursday ET
President Donald Trump has discussed with the CEOs of large multinational corporations such as Apple, Microsoft, Google, and Amazon. This discussion include
2020-09-17 12:28:00 Thursday ET
Many successful business organizations develop their distinctive capabilities and unique value propositions for strategic reasons. Paul Leinwand and Cesa