Powell: The best way to slowly increase the interest rate
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17.07.2018 17:42
Last update: 17.07.2018 18:32
The governor of the US Central Bank, Powell, said that the best way to enter the bank is to slowly increase the interest rates. Money laundering followed by USD, TL and USD 4.77.
US Central Bank (Fed) Jerome Powell gave a presentation on the economics and monetary policy of the bank to the Senate Banking Committee.
"The Fed sees the risks to the economy balanced," said Powell, "The latest inflation figures are encouraging: recent economic data suggests that growth in the United States is stronger in the second quarter than in the second quarter. "
In declaring that it is difficult to predict how US trade policies will affect the economy, Powell said the current momentum of the FOMC is to keep federal interest rates at a minimum. moderate level in the foreseeable future, noting that neither too much nor too little emphasized that they would not increase rapidly.
Powell said that in the coming years, the appropriate monetary policy and the job market will be solid and that inflation will reach its goal.
In Powell's stance, "With the appropriate monetary policy, the job market for the next few years will be strong and inflation will continue to approach its 2% target."
These disclosures are followed by $ 1.30 per day it fell below the 4.80 level and saw the level of 4.7777. The installer sees the time of 4.7833. On the stock market side, the day of the BIST 100 index (2.10%) on the 90,000 points again closed with 1,855.54 points to reach 91,629.55 pounds, and the volume was TL 9.3 billion.
Analysts pointed out that while the weakest country is in support of 92,000 resistance points, 88,200 and 87,500 levels in the BIST 100 index in technical terms, indicating that the euro zone will follow the beige book in the United States with inflation.
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