Jefferson, vice-chairperson of the Federal Reserve, said monetary policy remained restrictive. The US economy is performing quite strongly; the labour market is solid, inflation has moderated but remains high and the path back to its 2 per cent target could be bumpy; the Fed can wait as it considers its next move; and Fed rate cuts are reducing real borrowing costs.
Several participants in the Fed's January monetary policy meeting notes that it might be appropriate to consider pausing or slowing the balance sheet until the debt ceiling issue is resolved. Respondents to the Fed survey believe the process will end in mid-2025, slightly later than previously expected.
The Fed's January monetary policy meeting notes that all participants thought it was appropriate to keep the target rate unchanged.
1. The central bank's "balance sheet reduction" does not hinder the moderate easing of monetary policy. 2. Hong Kong Monetary Authority: The Ministry of Finance will issue 12.50 billion RMB government bonds in Hong Kong. 3. The cost of capital continues to decline, and the financing demand for securities companies to issue bonds continues to cool. 4. The proportion of bonds issued by private real estate enterprises increased in January, and the financing support policy continued to be implemente...
Federal Reserve Chairperson Jerome Powell will deliver his semi-annual monetary policy testimony in ten minutes.
On February 11, think tank the Official Monetary and Financial Institutions Group Forum (OMFIF) and security technology firm Giesecke + Devrient Currency Technology released a survey of 34 central banks, finding that those with plans to introduce CBDCs are still moving forward with their plans, while about 31% of central banks have delayed implementing CBDCs. The report said the main reasons for the delay included "concerns about regulatory and governance frameworks" and unforeseen "economic cha...
The Federal Reserve's Williams said that FOMC monetary policy is restrictive and monetary policy is at the level it should be; it is difficult to judge whether the uncertainty issue has an impact on the economy, and concerns about inflation expectations have diminished; it still feels like it is in a low neutral interest rate environment.
The Federal Reserve's latest monetary policy report pointed out that the overall US economy is in good condition, the financial system remains robust and resilient, Trump's policy has become a key variable, and the Federal Reserve is facing a highly uncertain environment. Click to view...
Federal Reserve Semi-Annual Monetary Policy Report: The Federal Reserve will weigh the data as it considers future monetary policy adjustments, with the central bank firmly committed to achieving its 2% inflation target.
The Federal Reserve is firmly committed to achieving its 2 per cent inflation target and inflation expectations appear to be "broadly consistent" with the central bank's 2 per cent inflation target as it weighs the data as it considers future monetary policy adjustments, the Fed's semi-annual monetary policy report said. US financial conditions still appear somewhat tight and the US financial system remains "robust and resilient".
The Federal Reserve released its semi-annual monetary policy report, which mentioned that the Federal Reserve continues to reduce its holdings of U.S. Treasuries and agency securities significantly in a predictable manner. Since June 2024, the Federal Reserve has reduced its holdings of U.S. dollar securities, and since the start of the balance sheet reduction, its holdings of securities have been reduced by about $2 trillion. The FOMC (FOMC) said it intends to maintain securities holdings at le...
"When the president starts intervening in monetary policy decisions, the results tend to be bad," says Mr. Kessam, a former Fed official.
Bank of Japan: After raising interest rates on Friday, monetary policy conditions are likely to remain accommodative.
Although the Federal Reserve's monetary policy statement may not change much, Powell's press conference will set the tone for the coming months
Although El Salvador previously reached an agreement with international monetary funds to roll back some of the country's crypto policies, the country still bought 12 bitcoins as its reserves in the past day. In an X post on January 19, the country's national bitcoin office said it bought 11 more bitcoins worth more than $1 million. Meanwhile, it also bought 1 bitcoin on January 20 for $106,000.