
RE: USA Wirtschaftsdaten und News
| 01.05.2019, 20:31 (Dieser Beitrag wurde zuletzt bearbeitet: 01.05.2019, 20:58 von boersenkater.)
Scheee wars...
[attachment=2219]
Highlights
Citing muted pressure in inflation, the Federal Reserve is extending its promise to be "patient" and hold monetary policy steady. The Fed's target rate is unchanged at a range of 2.25 to 2.50 percent with an implied midpoint of 2.375 percent. In a technical move to keep the rate on target, the Fed cut its IOER (interest on excess reserves) by 5 basis points to 2.35 percent.
The statement says that core inflation has "declined" and is "running below 2 percent", which was confirmed by the core PCE price index for March that was released on Monday and which fell to 1.6 percent. On the plus side, economic activity, which was described as slowing in the last statement in March, is now said to be growing at a "solid" rate. "Solid" is also used to describe the labor market though both household spending as well as business spending are said to have slowed in the first quarter.
The Fed is on a cautious path waiting to be informed by any significant shifts in incoming data before pivoting to either a lower or higher rate path. Once again, the FOMC vote was unanimous, at 10 to 0.

[attachment=2219]
Highlights
Citing muted pressure in inflation, the Federal Reserve is extending its promise to be "patient" and hold monetary policy steady. The Fed's target rate is unchanged at a range of 2.25 to 2.50 percent with an implied midpoint of 2.375 percent. In a technical move to keep the rate on target, the Fed cut its IOER (interest on excess reserves) by 5 basis points to 2.35 percent.
The statement says that core inflation has "declined" and is "running below 2 percent", which was confirmed by the core PCE price index for March that was released on Monday and which fell to 1.6 percent. On the plus side, economic activity, which was described as slowing in the last statement in March, is now said to be growing at a "solid" rate. "Solid" is also used to describe the labor market though both household spending as well as business spending are said to have slowed in the first quarter.
The Fed is on a cautious path waiting to be informed by any significant shifts in incoming data before pivoting to either a lower or higher rate path. Once again, the FOMC vote was unanimous, at 10 to 0.
__________________