Often the U. S. Federal Reserve said Tuesday it will freeze its key element interest rate at the current level of 2. 25 percent to help 2. 50 percent as expected.
According to foreign news reports, like the Associated Press, the U. S. Fed made the remarks through a meeting of the Federal Open Market Committee, suggesting that there may be only one hike next year, with the prospect involving no rate hike this year.
The foreign media analyzed that often the trend of monetary policy, which releases or reduces the dollar through the market, has shifted to the pigeons stance, reflecting concerns over a slowdown in the global economy such as China and The european countries.
In a dot-plot indicating the interest rate outlook for the expectations, the median price was 2. 4 percent this year, down zero. 5 percentage point from the 2. 9 percent forecast made within December. In the end, the outlook for December, which predicted 2 rate hikes this year, turned to a freeze stance.
The Given also said it will begin a policy to reduce the hall on state bonds worth $30 billion (34 trillion won) to $15 billion (17 trillion won) in May and end it in Sept,.
Reducing assets is a policy to recover the dollar on the market by arranging bonds and mortgage bonds issued by the Fed, and easing them could be ì•ˆì „ë†€ì´í„° 주소 effective in lowering interest rates, symbolism that it will release that ì•ˆì „ë†€ì´í„° í™ë³´ much more money, according to often the Fed.
During the global financial ì•ˆì „ë†€ì´í„°ì¶”천 crisis, the Fed has been utilising a "quantitative easing" policy at zero interest rates, and has presented a policy to reduce assets to clean up assets that rose to $4. 5 trillion in 2017. Since October last year, the particular company has reduced its assets by $50 billion per month, and even has now reduced the figure to $4 trillion.
Fed Chairman Jerome Powell also said the policy of reducing assets would be estimated, adding that the balance sheet for asset reduction would be established at $3. 5 trillion.
Markets had initially observed that the Fed could reduce its holdings by up to 2. 5 trillion was the winner.
The Fed also lowered its GDP growth rate to 2. 2 percent this year from a 2. 3 percent forecast in The holidays, and revised down its growth rate to 1. 9 percent as a result of 2. 0 percent next year.
The unemployment rate rose to two. 7 percent from 3. 5 percent this year and to 2. 8 percent from 3. 6 percent next year. The price listing for personal consumption expenditure, or PCE, was lowered to 1. 6 percent from 1. 9 percent this year.
In its economic prospect, the Fed also predicted that growth in solid economic activity may slow down slowly in the fourth quarter of last year, although the strength of the labor market remains.
This is a move about from the January outlook to a negative expression that economic hobby will continue to rise ì•ˆì „ë†€ì´í„° 스í¬ì¸ since the fourth quarter of the year or so.
The Fed predicted inflation, excluding food and energy, would remain all around 2 percent, due to a "big drop" in energy prices.
The particular Fed had raised the benchmark interest rate at the FOMC in December last year to between 2. 00 percent and 2. 27 ì•ˆì „ë†€ì´í„° 사설배팅 percent, signaling two rate hikes this year and one rate stroll in 2020, but it swung to a halt in January.