2019-06-09 11:29:00 Sun 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
St Louis Federal Reserve President James Bullard indicates that his ideal baseline scenario remains a mutually beneficial China-U.S. trade deal. Bullard indicates that the Xi administration should accept U.S. demands on trade deficit curtailment and intellectual property protection and enforcement in order to attract foreign capital investments as the oriental country can reap enormous benefits. In this baseline scenario of a major Sino-U.S. trade deal, the Trump tariffs may linger such that the Federal Reserve has to address the likely U.S. economic growth concerns. Since the U.S. and China still cannot conclude their yearlong trade conflict, this economic policy uncertainty stokes fresh worries about the global economy.
U.S. FOMC members agree that the current patient monetary policy approach can remain in place for some time. In this positive light, the Federal Reserve halts the next interest rate hikes as Fed governors communicate their implicit expectations of anchoring both U.S. economic growth and interest rates at 2.25%-2.5%. To the extent that inflation risk remains low or still below the 2% target level, the Federal Reserve keeps intact the 2.5% federal funds rate as the U.S. economy operates near full employment (with the 3.6%-3.7% unemployment rate). Patience pays well in time.
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.
2017-11-29 07:42:00 Wednesday ET
The octogenarian billionaire and activist investor Carl Icahn mulls over steps to shake up the board of SandRidge Energy after the oil-and-gas company adopt
2019-10-11 13:40:00 Friday ET
Apple CEO Tim Cook maintains a frugal low-key lifestyle. With $625 million public wealth, Cook leads the $1 trillion tech titan Apple in the post-Jobs era.
2019-02-07 07:25:00 Thursday ET
President Trump picks David Malpass to run the World Bank to curb international multilateralism. The Trump administration seems to prefer bilateral negotiat
2018-06-29 11:41:00 Friday ET
Amazon acquires an Internet pharmacy PillPack in order to better compete with Walgreens Boots Alliance, CVS Health, Rite Aid, and many other drug distributo
2018-10-15 09:33:00 Monday ET
Several pharmaceutical companies now switch their primary focus from generic prescription drugs to medical specialties such as cardiovascular medications an
2018-05-29 11:40:00 Tuesday ET
America and China, the modern world's most powerful nations may stumble into a **Thucydides trap** that Harvard professor and political scientist Graham