Stock Exchange Express – ROUNDUP: US Federal Reserve Keeps Interest Rates Stable and Expects December Increase



[ad_1]

The US Federal Reserve keeps its
Monetary Policy. She does not have her key rate as expected
However, there are other incremental increases in interest rates
Views. The "federal funds rate" remains between 2.00 and
2.25%, said the Fed after its two-day session on
Thursday in Washington with. Economists had with it
Decision calculated. Recently, the Fed had the end of September
Interest rates rose 0.25 percentage points. The meeting is because of the
The mid-term US congressional elections have been postponed until Thursday.

The US Federal Reserve introduced a rate hike in December
Views. It is expected that "further incremental increases" of
Interest rates are appropriate, it says in the commentary
rate decision. Risks for the economic outlook
to be balanced. The economy is growing at a rapid pace
writes the Fed. The job market is strong and the
The unemployment rate has decreased. The comment on the interest rate decision
was little compared to the last session of September 16th
exchange.

"Fed statement in line with expectations," commented Thomas
Altmann, Portfolio Manager at QC-Partners. The Fed is on course
gradually increase interest rates. "If nothing
More unforeseen happens, the Fed will be in December
next round on the interest rate screw. "For investors give it
"absolutely no surprises".

More exciting will be, as it will continue in the next year.
The latest statements from the Fed should end the
At least up to a neutral level, to which the
Thus, the economy is neither supported nor controlled. The central bank
sees the interest rate neutral around three percent. What happens next?
is considered open. Some central bankers, including Fed chief Jerome Powell,
defend interest rate hikes that are at least a bit more neutral
Level.

The recent fierce criticism of US President Donald Trump at the Fed
Federal Reserve Chairman Powell has apparently not been impressed to date. badet
monetary politicians as "crazy" and as a threat to the
The US economy called. We do not know if Trump's rhetoric
mitigate after congressional elections.

The price of the euro given to the decision and something
fell to a daily minimum of $ 1,1370. Courses of
US government bonds eased slightly. The US stock market reacted
kaum./jsl/fba

AXC0382 2018-11-08 / 20: 45

Copyright dpa-AFX Business News GmbH. All rights reserved. Redistribution, republication or permanent storage without the express and prior permission of dpa-AFX is not permitted.

[ad_2]
Source link