The particular U. S. Federal Reserve said Tuesday it will freeze its vital interest rate at the current level of 2. 25 percent to help 2. 50 percent as expected.
According to foreign news reports, which includes the Associated Press, the U. S. Fed made the remarks during a meeting of the Federal Open Market Committee, suggesting that presently there may be only one hike next year, with the prospect involving no rate hike this year.
The foreign media analyzed that typically the trend of monetary policy, which releases or reduces the dollar throughout the market, has shifted to the pigeons stance, reflecting concerns more than a slowdown in the global economy such as China and European countries.
In a dot-plot indicating the interest rate outlook for the possible future, the median price was 2. 4 percent this year, down 0. 5 percentage point from the 2. 9 percent forecast made inside December. In the end, the outlook for December, which predicted two rate hikes this year, turned to a freeze stance.
The Fed also said it will begin a policy to reduce the ceiling on state bonds worth $30 billion (34 trillion won) to $15 billion (17 trillion won) in May and end it in September.
Reducing assets is a policy to recover the dollar on the exact market by arranging bonds and mortgage bonds issued by the Federal reserve, and U.S. Fed interest rates are set at 2.25% to 2.50%.Confirmation of 'no impression' this year easing them could be effective in lowering interest rates, so ì•ˆì „ë†€ì´í„° 스í¬ì¸ that it will release that much more money, according to your Fed.
During the global financial crisis, the Fed has been implementing a "quantitative easing" policy at zero interest rates, and has unveiled a policy to reduce assets to clean up assets that increased by to $4. 5 trillion in 2017. Since October last year, this company has reduced its assets by $50 billion per month, and even has now reduced the figure to $4 trillion.
Fed Chairman Jerome Powell also said the policy of reducing assets would be foreseeable, adding that the balance sheet for asset reduction would be established at $3. 5 trillion.
Markets had initially observed that the Fed could reduce its holdings by up to 2. 5 trillion was the winner.
The Fed also lowered its GDP growth rate to 2. 4 percent this year from a 2. 3 percent forecast in Until, and revised down its growth rate to 1. 9 percent with 2. 0 percent next year.
The unemployment rate rose to 4. 7 percent from 3. 5 percent this year and to 3 or more. 8 percent from 3. 6 percent next year. The price list for personal consumption expenditure, or PCE, was lowered to 1. 7 percent from 1. 9 percent this year.
In its economic perspective, the Fed also predicted that growth in solid economic activity will slow down slowly in the fourth quarter of last year, however the strength of the labor market remains.
This is a transfer from the January outlook to a negative expression that economic task will continue to rise since the fourth quarter of the season.
The Fed predicted inflation, excluding food and energy, would remain close to 2 ì•ˆì „ë†€ì´í„° ê²€ì¦ percent, due to a "big drop" in energy prices.
The exact Fed had raised the benchmark interest rate at the FOMC during December last year to between 2. 00 percent and 2. 26 ì•ˆì „ë†€ì´í„° ê²€ì¦ percent, signaling two rate hikes this year and one rate walk ì•ˆì „ë†€ì´í„°ì¶”천 in 2020, but it swung to a halt in January.