Typically the U. S. Federal Reserve said Tuesday it will freeze its primary interest rate at the current level of 2. 25 percent to 2. 50 percent as expected.
According to foreign news reports, which include the Associated Press, the U. S. Fed made the remarks throughout a meeting of the Federal Open Market Committee, suggesting that right now there may be only one hike next year, with the prospect with no rate hike this year.
The foreign media analyzed that this trend of monetary policy, which releases or reduces the dollar on the market, has shifted to the pigeons stance, reflecting concerns above a slowdown in the global economy such as China and The european union.
In a dot-plot indicating the interest rate outlook for the outlook, the median price was 2. 4 percent this year, down zero. 5 percentage point from the 2. 9 percent forecast made around December. In the end, the outlook for December, which predicted 2 rate hikes this year, turned to a freeze stance.
The Fed also said it will begin a policy to reduce the threshold on state bonds worth $30 billion (34 trillion won) to $15 billion (17 trillion won) in May and end it in Sept. 2010.
Reducing assets is a policy to recover the dollar on the particular market by arranging bonds and mortgage bonds issued by the Fed, and easing them could be effective in lowering interest rates, meaning that it will release that much more money, according to the ì•ˆì „ë†€ì´í„° 사설배팅 Fed.
During the global financial crisis, the Fed has been choosing a ì•ˆì „ë†€ì´í„° 주소 "quantitative easing" policy at zero interest rates, and has presented a ì•ˆì „ë†€ì´í„° í™ë³´ policy to reduce assets to clean up assets that took ì•ˆì „ë†€ì´í„°ì¶”천 on to $4. 5 trillion in 2017. Since October last year, your company has reduced its assets by $50 billion per month, not to mention has now reduced the figure to $4 trillion.
Fed Chairman Jerome Powell also said the policy of reducing assets would be constant, adding that the balance sheet for asset reduction would be establish at $3. 5 trillion.
Markets had initially observed that the Given could reduce its holdings by up to 2. 5 trillion won.
The Fed also lowered its GDP growth rate to 2. one percent this year from a 2. 3 percent forecast in December, and revised down its growth rate to 1. 9 percent from 2. 0 percent next year.
The unemployment rate rose to 5. 7 percent from 3. 5 percent this year and to four. 8 percent from 3. 6 percent next year. The price directory for personal consumption expenditure, or PCE, was lowered to 1. almost 8 percent from 1. 9 percent this year.
In its economic outlook on life, the Fed also predicted that growth in solid economic activity can slow down slowly in the fourth quarter of last year, even though the strength of the labor market remains.
This is a adjustment from the January outlook to a negative expression that economic actions will continue to rise since the fourth quarter of the twelve months.
The Fed predicted inflation, excluding food and energy, would remain all around 2 percent, due to a "big drop" in energy prices.
Typically the ì•ˆì „ë†€ì´í„° 사설배팅 Fed had raised the benchmark interest rate at the FOMC in December last year to between 2. 00 percent and 2. 31 percent, signaling two rate hikes this year and one rate stroll in 2020, but it swung to a halt in January.