Majority on Fed believe interest-rate policy will have to become restrictive

Thursday, 18 October 2018 01:38 WIB

Federal ReserveThe FedFOMC Meeting Minutes


A majority of senior Federal Reserve officials believe that interest rates will have to continue to rise until policy becomes restrictive, according to minutes of the central bank's September meeting released on Wednesday.

A 'few' officials thought policy would have to remain 'modestly restrictive for a time' while an additional 'number' thought policy would need to be restrictive 'temporarily.'

On the other hand, only a 'couple' of officials indicated they would oppose a restrictive policy stance 'in the absence of clear signs of an overheating economy and rising inflation.'

According to the minutes, there were reports from contacts of a 'firming' in inflationary pressures.

Fed officials agreed there had been some signs of acceleration in labor costs. 'Several' Fed officials said they now expected inflation to "modestly exceed" the Fed's 2% annual inflation target "for a period of time."

Source: Marketwatch




Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.