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Fed Officials' Comments Were Ignored, And The Market Waited For Yellen To Speak.

2014/5/20 16:44:00 40

The Federal Reserve Yellen Economic Policy

The Federal Reserve has two main Fed officials on Monday. The guidelines are more clear than Williams. He hinted that the Federal Reserve would stop buying bonds during the year and raise interest rates in a certain period next year. He believes that the US economy is on the rise, GDP will rise by 2.5% or P, and the Fed hopes to grow at 3%-3.5%. He also pointed out that the first quarter of the United States "a href=" //www.sjfzxm.com/news/index_c.asp "economic growth < /a > bad performance is caused by weather factors. 
P, another Fed official, Fisher, chairman of the Dallas fed, is pessimistic, saying the Fed is taking steps to boost the economy, while Congress is slowing the economy. And relying solely on the Federal Reserve, it is impossible to solve the employment problem thoroughly. 
 besides, Bernanke, former chairman of the Federal Reserve, pointed out on Monday that quantitative easing is not a panacea, but it helped the United States avoid deflation. Bernanke said that with the normalization of monetary policy, it is absolutely unnecessary for the balance sheet to return to normal level. If necessary, the balance sheet will remain at a current level for a long time. He also said the Federal Reserve has been very careful in finding out how to raise interest rates at an appropriate time. 
 overall, unless the major events happen, the possibility of the US Federal Reserve's total withdrawal from the a href= "//www.sjfzxm.com/news/index_c.asp" > QE < /a will be great this year. The focus will naturally be on the first time to raise interest rates. However, as the anticipation of the first rate hike in the market has changed several times in the past few months, and Federal Reserve officials have been keeping tabs on this topic, investors may still be in a relative state of mind. 
"P style=" text-align: justify ", since last May," a href= "//www.sjfzxm.com/news/index_c.asp" //www.sjfzxm.com/news/index_c.asp ", the Federal Reserve" /a "has publicly proposed the expectation of reducing the quantitative easing measures (QE). The time has passed quietly in the past year, and the Federal Reserve's QE reduction progress has been more than half. This means that since the end of 2008, more than five years of Federal Reserve's very relaxed sexual easing has come to an end. Last year, after Bernanke first revealed that he expected to reduce QE, global financial markets, especially in developing countries, had seen a huge impact. 
 it can be clearly seen that the unusual cold weather encountered by most parts of the United States in winter may not be the main reason why the economic growth rate is low in the first quarter of this year. In fact, the downturn of the first quarter economic growth is likely to be a negative correction to the overgrowth in the three quarter of last year, and the change of inventory cycle plays an important role in this period. 
 in today and tomorrow, the focus of the market will probably remain on the Fed's stance. Chairman of the Federal Reserve Yellen and New York Fed chairman Dudley will be on the scene tomorrow. They are all the votes Committee of FOMC this year. In addition, Beijing time Thursday (May 22nd) 02:00 the Federal Reserve will announce the minutes of the April FOMC meeting. The concentration of the risk events on the Federal Reserve may indicate that the market is about to enter a climax this week.