Wednesday, 23 May 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Powell downplays risks to emerging market economies from Fed policies
Tuesday, 8 May 2018 14:34 WIB | FISCAL & MONETARY |Federal Reserve

Emerging market economies should be able to manage as advanced economies move toward tighter monetary policy, said Federal Reserve Chairman Jerome Powell, on Tuesday.

Appearing on a panel at a conference sponsored by the Swiss National Bank in Zurich, Powell said the role of U.S. monetary policy in driving global financial conditions and capital flows "is often overstated." The pickup in both global growth and commodity prices are also factors, he said. Still, the Fed should remain alert to "risk sentiment" going forward, Powell said.

For its part, the Fed would try to avoid market disruptions by communicating its policy strategy "as clearly and transparently as possible," he said. And so far, so good. "Fed policy normalization has proceeded without disruption to financial markets, and market participants' expectations for policy seem reasonably well aligned with policymakers' expectations...suggesting that markets should not be surprised by our actions if the economy evolves in line with expectations," the Fed chairman said.

Source: Marketwatch

RELATED NEWS
Fed Leaves Rates Unchanged, Says Inflation Close to Target...
Thursday, 3 May 2018 01:13 WIB

Pejabat Federal Reserve meninggalkan suku bunga tidak berubah, mengakui inflasi mendekati target tanpa menunjukkan niat untuk membelok dari jalur bertahap kenaikan suku bunga mereka. "Inflasi pada ba...

Australia Holds Interest Rate as Employment Bonanza Winds Down...
Tuesday, 1 May 2018 12:43 WIB

Australia mempertahankan suku bunga utamanya tidak berubah pada rekor terendah Selasa - seperti yang diharapkan - di tengah perlambatan jumlah perekrutan. Gubernur Reserve Bank Philip Lowe mempertaha...

SNB Jordan Says 'Premature' to Tighten Monetary Conditions...
Friday, 27 April 2018 15:28 WIB

Depresiasi Swiss franc adalah "melegakan" bagi ekonomi, tetapi masih terlalu dini untuk menyesuaikan kebijakan, Presiden Swiss National Bank (SNB) Thomas Jordan mengatakan. Setelah bertahun-tahun men...

BOJ Maintains Policy Rate, Keeps 10-Year Bond Yield Target...
Friday, 27 April 2018 10:17 WIB

Bank of Japan mempertahankan target imbal hasil obligasi 10-tahun JGB sekitar nol persen setelah pertemuan Jumat. BOJ menjaga tingkat keseimbangan kebijakan di -0.100%. Semua ekonom yang disurvei me...

Draghi Recognizes Weaker Momentum as ECB Affirms Solid Outlook...
Thursday, 26 April 2018 20:59 WIB

Mario Draghi mengakui bahwa momentum melemah pada awal tahun bahkan ketika ia mengisyaratkan keyakinannya pada kesehatan ekonomi kawasan euro. "Informasi yang masuk sejak awal Maret menunjukkan beber...

LATEST NEWS
Stocks Open Lower as investors Fret Over Trade, Geopolitics

U.S. stocks opened lower on Wednesday, as investors shied away from risky assets such as global equities and commodities amid continues worries over trade and geopolitics. The Dow Jones Industrial Average opened 130 points, or 0.5%, lower to...

Gold Draws Modest Bid as China, North Korea Uncertainty Bubbles Up

Gold futures advanced modestly Wednesday as the metal drew a slight bid alongside other haven assets as global market attention returned to Sino-U.S. trade relations and concerns over the fate of nuclear negotiations with North Korea. June gold...

Trump Acknowledges Summit With North Korea's Kim in Doubt

U.S. President Donald Trump said his planned summit with North Korean leader Kim Jong Un might not take place next month. "If it doesn't happen, maybe it will happen later," Trump said. "It may not work out for June 12." Trump added, however,...

POPULAR NEWS
Gold pares losses after tapping its lowest level of the year
Tuesday, 22 May 2018 01:34 WIB

Gold futures settled Monday with only a modest loss, after touching their lowest intraday levels of the year, as the U.S. dollar pared earlier gains...

These 3 Drivers Will Support Gold In The Short-Term - ING
Tuesday, 22 May 2018 05:01 WIB

Even as gold continues to trade below $1,300, the œfundamental case for holding the yellow metal remains intact, said Dutch bank ING, listing...

Gold ends with a gain, a day after touching its worst level of 2018
Wednesday, 23 May 2018 01:40 WIB

Gold futures ended with a gain on Tuesday as the dollar pulled back from multimonth highs, but the precious metal still hovered near the lowest...

Hong Kong, China Stocks Rise After China-US Agreement
Monday, 21 May 2018 15:32 WIB

Hong Kong and mainland stocks kicked the week off with healthy gains on Monday after the United States and China agreed to drop planned tariffs and...