Thursday, 25 April 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Fed scaled back interest-rate forecast due to unease about economy, soft inflation, FOMC minutes show
Thursday, 11 April 2019 01:43 WIB | FISCAL & MONETARY |The FedEkonomi ASFiskal & Moneter

The Federal Reserve™s decision in March to cease raising interest rates this year was driven by unease over the U.S. and global economies and surprisingly subdued inflation, according to minutes of the pivotal central bank meeting.

Last month the Fed junked previous plans to raise a key short-term U.S. interest twice more this year. Instead, Chairman Jerome Powell reiterated the Fed would remain œpatient and its closely watched œdot plot pointed to no increases in interest rates for 2019.

On the Fed™s list of worries: Sluggish U.S. growth early in the new year, a weaker global economy, the messy attempt by the U.K. to leave the European Union and festering trade tensions between the Trump administration in China.

What the Fed wasn™t worried about was rising inflation.

Source: marketwatch

RELATED NEWS
Draghi Warns Global Risks Still Battering Euro-Area Economy...
Wednesday, 10 April 2019 20:26 WIB

Presiden Bank Sentral Eropa Mario Draghi memperingatkan bahwa ekonomi kawasan euro menghadapi risiko yang besar termasuk Brexit dan bahaya bahwa proteksionisme perdagangan dapat mengurangi kepercayaan...

ECB Keeps Policy, Rate Guidance Unchanged...
Wednesday, 10 April 2019 19:01 WIB

Bank Sentral Eropa (ECB) mempertahankan kebijakannya tidak berubah seperti yang diharapkan pada hari Rabu, mempertahankan suku bunga pada rekor terendah dan menjaga pedoman untuk suku bunga stabil tah...

Bank of England leaves policy rate unchanged at 0.75% with unanimous vote as expected...
Thursday, 21 March 2019 19:14 WIB

Dalam keputusan yang diperkirakan secara luas, Komite Kebijakan Moneter Bank of England mempertahankan suku bunga kebijakan tidak berubah di 0,75% dengan suara bulat. Fasilitas pembelian aset juga tet...

Fed, Seeing Slower Growth and Softer Inflation, Now Projects No Rate Hikes This Year...
Thursday, 21 March 2019 02:15 WIB

Pejabat Federal Reserve, melihat pertumbuhan yang lebih lambat dan inflasi yang lebih lembut ke depan, mengatakan pada hari Rabu mereka tidak berharap untuk menaikkan suku bunga sama sekali selama tig...

Fed's Powell says no immediate policy responses needed to economy...
Monday, 11 March 2019 10:05 WIB

Reuters melaporkan bahwa Ketua Federal Reserve Jerome Powell mengatakan The Fed tidak melihat masalah dalam ekonomi AS yang menuntut perubahan dalam kebijakannya dan akan berhati-hati untuk tidak meng...

LATEST NEWS
Hong Kong stocks down at close (Review)

Hong Kong shares ended with losses Wednesday as investors brushed off a record performance on Wall Street, with energy firms taking a hit from a drop in oil prices. The Hang Seng Index fell 0.53 percent, or 157.41 points, to close at...

Stocks S&P, Nasdaq Slip as Falling Energy Stocks Weigh

The S&P 500 and Nasdaq fell Wednesday, a day after notching record highs, as falling energy stocks and mixed corporate earnings did little fuel further gains in the broader market. The S&P 500 fell 0.22% or 6.60 to 2,927.08 and the Nasdaq...

US Negotiators to Visit China Next Week for New Round of Trade Talks

The White House says two senior economic officials will travel to China next week to continue negotiations aimed at resolving the two economic giants ongoing trade war. A statement issued Tuesday says Treasury Secretary Steven Mnuchin and U.S....

POPULAR NEWS
Gold Ends Higher after Settling Last Week at 2019 Low
Tuesday, 23 April 2019 03:46 WIB

Gold prices pushed up from the more than four-month low reached in recent sessions, in part as oil gains lifted the specter of inflation risk,...

Gold Near 2019 Low as ETF Holdings Drop Most in a Year
Monday, 22 April 2019 09:39 WIB

Gold traded near the lowest level this year as investors exited bullion-backed exchange-traded funds, with the haven asset losing some of its...

Gold Prices Settle at a Nearly 4-Month Low as Dollar Perks Up
Wednesday, 24 April 2019 02:11 WIB

Gold prices on Tuesday finished lower as one popular measure of the U.S. dollar teetered near a two-year high, producing headwinds for...

Gold Ticks Higher From Near 2019 Low as Week Opens
Monday, 22 April 2019 15:12 WIB

Gold rose from near the lowest this year as investors weighed risk sentiment amid the long Easter holiday weekend in many countries, with a...