Wednesday, 26 June 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Fed minutes: Voters say patient stance can last 'for some time'
Thursday, 23 May 2019 01:16 WIB | FISCAL & MONETARY |FOMC

The voting members of the Federal Open Market Committee seemed comfortable with their patient stance on interest rate, agreeing it could last for "some time," according to minutes of their April 30- May 1 meeting released Wednesday.

Even if global economic and financial conditions improve, a wait-and-see approach was warranted, the officials said. Officials were split on the outlook for interest rates. A few officials said there might be a need for higher rates if the economy evolves as they thought. But others thought higher productivity might mean there was more economic slack than the low unemployment rate might suggest.

Several others expressed worry about the risk of low inflation readings leading to lower expectations of future inflation, but did not call for a rate cut. Many said that the recent low inflation readings were transitory. In addition to interest-rate policy, there was a lengthy discussion, but no decision, about what types of Treasurys the central bank should hold once its balance sheet stops shrinking.

Source : MarketWatch

RELATED NEWS
BOE Notes Rising No-Deal Brexit Risk as Rate Kept Unchanged...
Thursday, 20 June 2019 18:20 WIB

The Bank of England said the perceived risk of crashing out of the European Union without a deal had risen as they unanimously voted to keep policy unchanged. While officials, led by Governor Mark Ca...

BOJ Stands Pat as Fed and ECB Signal Possible Rate Cuts Ahead...
Thursday, 20 June 2019 10:19 WIB

The Bank of Japan kept monetary policy unchanged Thursday, just hours after the Federal Reserve became the latest central bank to signal a willingness to cut interest rates in the face of rising threa...

Fed holds rates steady, signals cuts possible later this year...
Thursday, 20 June 2019 01:40 WIB

The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased eco...

BoE's Carney: BoE retains the ability to relaunch term funding scheme as necessary...
Tuesday, 18 June 2019 21:43 WIB

While speaking at the policy panel at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, Bank of England Governor Mark Carney said that in exceptional circumstances, like Br...

Draghi Says More Stimulus Needed If Outlook Doesn't Improve...
Tuesday, 18 June 2019 15:17 WIB

ECB President Mario Draghi says risk outlook œremains tilted to the downside, and more stimulus will be needed if the outlook doesn™t improve. Says interest-rate cuts and more QE are...

LATEST NEWS
Tokyo stocks close lower on geopolitical worries

Tokyo stocks closed lower on Wednesday, extending falls on Wall Street as investors fled to safe haven assets amid US-Iran tensions and ahead of the G20 summit this week. The benchmark Nikkei 225 index was down 0.51 percent, or 107.22 points, to...

Stephanie Grisham Named New White House Press Secretary

Stephanie Grisham, the chief spokeswomen for U.S. First Lady Melania Trump, has been named the new White House Press Secretary. The first lady made the announcement on Twitter, saying she can think of no better person to serve the administration...

Saham Hong Kong membangun penurunan pada pembukaan

Hong Kong melanjutkan penurunan dalam beberapa menit pertama di Rabu ini ketika ketua Federal Reserve Jerome Powell memperingatkan mengenai prospek ekonomi yang lemah untuk ekonomi AS, sementara para pedagang juga resah atas kebuntuan...

POPULAR NEWS
You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts
Monday, 24 June 2019 15:44 WIB

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six...

Gold notches a third straight session gain, its second above $1,400
Tuesday, 25 June 2019 01:25 WIB

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year...

Gold gives up nearly all of its gains, but settles at highest since late August 2013
Wednesday, 26 June 2019 01:14 WIB

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since...

Gold Prices Up as U.S.-Iran Conflict Fuels Safe-Haven Demand, Trades Above $1,400
Monday, 24 June 2019 12:57 WIB

Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for...