Thursday, 24 January 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Fed Hikes Rates by a Quarter-Point as Dot Plot Forecasts Fewer 2019 Increases
Thursday, 20 December 2018 02:38 WIB | FISCAL & MONETARY |FOMCThe FedEkonomi AS

The Federal Reserve on Wednesday hiked its target for the federal funds rate by a quarter point to a range between 2.25% and 2.5% in a unanimous decision while the median projection of next year's rate increases was lowered to two from three.

The Fed also reduced its longer-run estimate for the federal funds rate to 2.8% from 3%, a signal that the central bank believes it's getting closer to the so-called neutral rate which neither stimulates nor restricts the economy.

That said, the FOMC statement kept language saying "further gradual increases in the target range for the federal funds rate" will be consistent with sustained expansion of economic activity, strong labor market conditions, and targeted inflation, modifying it only to say "some" moves were anticipated. The FOMC statement also kept its assessment that the risks to the economic outlook were "roughly balanced" while introducing a clause about monitoring "global economic and financial developments," a nod to the turmoil in financial markets as well as growth concerns overseas in countries including China.

Source : Marketwatch

RELATED NEWS
BOJ Leaves Stimulus Unchanged as It Cuts Inflation Outlook Again...
Wednesday, 23 January 2019 10:26 WIB

Bank of Japan (BoJ) menetapkan kebijakannya tidak berubah karena memangkas prospek inflasi sekali lagi, menggarisbawahi seberapa jauh target harganya dan seberapa sedikit pilihan yang dimiliki bank se...

Draghi Says Economy Weaker Than Expected Amid Global Uncertainty...
Tuesday, 15 January 2019 23:46 WIB

Data ekonomi yang lemah menggarisbawahi perlunya stimulus Bank Sentral Eropa yang berkelanjutan, menurut Presiden Mario Draghi. "Perkembangan ekonomi baru-baru ini lebih lemah dari yang diharapkan da...

Powell Says Fed Waiting and Watching With Patience on Rates...
Friday, 11 January 2019 04:06 WIB

Ketua Federal Reserve Jerome Powell mengatakan bank sentral AS dapat bersabar sebelum menyesuaikan kenaikan suku bunga selanjutnya karena menunggu untuk melihat bagaimana risiko global yang berdampak ...

Fed Minutes: Some Members Were Against December Interest-Rate Hike...
Thursday, 10 January 2019 02:11 WIB

Beberapa pejabat Federal Reserve menginginkan bank sentral untuk mempertahankan kebijakan pada Desember di tengah kenaikan volatilitas pasar keuangan, menurut risalah pertemuan kebijakan Desember mere...

Powell Says He Would Not Resign if Asked by The President...
Friday, 4 January 2019 22:55 WIB

Ketua Federal Reserve Jerome Powell mengatakan dia tidak akan mengundurkan diri jika diminta oleh Presiden Donald Trump. Berbicara di sebelah pendahulunya Janet Yellen dan Ben Bernanke, Powell mengata...

LATEST NEWS
Thousands of Protesters in the Opposition of Venezuela Demonstration in Caracas

Thousands of Venezuelans filled the streets on Wednesday (23/1), accusing President Nicolas Maduro of taking power and they joined the movement to save the resurgent in the country. They demanded that Maduro return from his previous position which...

Topix Pares Early Declines as Technology Stocks Stage Rebound

Japan™s Topix index pared earlier losses, bolstered by a rally in technology companies. Declines in railway operators and service companies weighed on the market. Electronics makers contributed most to the benchmark™s rebound from a 0.6...

Gold Rises as Investors Weigh Growth, Trade Concerns

Gold advanced amid rising concern over global growth, and as investors awaited fresh developments on U.S.-China trade talks. White House Council of Economic Advisers Chairman Kevin Hassett said if the partial U.S. government shutdown extends...

POPULAR NEWS
Gold dips on firm dollar and rise in risk appetite
Tuesday, 22 January 2019 05:11 WIB

Gold slipped to its lowest in almost a month on Monday as a firm dollar and greater risk appetite outweighed support from an expected pause to...

Gold Prices Fall to 2019 Low
Monday, 21 January 2019 20:07 WIB

Gold prices declined on Monday, falling to their lowest level of the year as investor risk appetite held up despite the latest data showing China's...

Emas berakhir sedikit lebih tinggi terkait meningkatnya ketegangan dagang AS-China
Wednesday, 23 January 2019 02:57 WIB

Emas berjangka berubah lebih tinggi pada penyelesaian Selasa dengan meningkatnya ketegangan menyusul laporan bahwa AS membatalkan pertemuan dengan...

Gold Prices Bounce Off 3-Week Low Amid Global Growth Woes
Tuesday, 22 January 2019 20:28 WIB

Gold prices bounced off their lowest level in around three weeks on Tuesday, as worries about a global economic slowdown boosted appetite for safe...