Tuesday, 17 October 2017
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Fed's rate hikes may be doing real harm to U.S. economy: Kashkari
Wednesday, 6 September 2017 01:41 WIB | FISCAL & MONETARY |Federal ReserveThe Fed

The Federal Reserve's recent interest-rate hikes may be slowing inflation, wage growth, and job growth and doing ''real harm'' to the U.S. economy, one the U.S. central bank™s most dovish policymakers said on Tuesday.

œThere may be a lot more slack in the labor market than we appreciate, Minneapolis Federal Reserve Bank President Neel Kashkari said at the University of Minnesota™s business school. œThe Fed may have allowed inflation expectations to drift lower.

œMaybe our rate hikes are actually doing real harm to the economy, said Kashkari, who has dissented against the Fed™s rate hikes this year.

 

Source: Reuters

RELATED NEWS
RBA Reaffirms Growth to 'Increase Gradually' Backed by Low Rates...
Tuesday, 17 October 2017 08:29 WIB

Reserve Bank of Australia mengatakan kondisi ekonomi di dalam dan luar negeri "lebih positif sejak 2016," menurut risalah rapat kebijakan bulan ini dimana suku bunga tidak berubah. Akun nasional meng...

Fed Inflation Debate Finds Some Officials on Rate-Hike Fence...
Thursday, 12 October 2017 01:19 WIB

Pejabat Federal Reserve mengadakan diskusi terperinci bulan lalu mengenai apakah kekuatan yang menahan inflasi turun secara persisten atau sementara, dengan beberapa pembuat kebijakan mencari bu...

Powell Says Fed Working to Collect Banks' Treasury Trade Data...
Thursday, 5 October 2017 20:52 WIB

"Koleksi baru-baru ini dari transaksi Treasury para anggotanya melalui Trade Reporting and Compliance Engine oleh Financial Industry Regulatory Authority's (FINRA's), atau sistem TRACE, akan melakukan...

Yellen Says Fed Is Working on Tailoring Regulations to Bank Size...
Thursday, 5 October 2017 02:37 WIB

Ketua Federal Reserve Janet Yellen mengatakan bahwa bank sentral AS telah berupaya memastikan bahwa peraturan disesuaikan dengan ukuran, kompleksitas dan peran kreditur yang diawasinya.   "Bagi ban...

RBA Leaves Key Rate at 1.5% as Seen by All 27 Economists...
Tuesday, 3 October 2017 10:48 WIB

Reserve Bank of Australia (RBA) menetapkan tingkat suku bunga tidak berubah pada rekor terendahnya sebesar 1,5% untuk bulan ke 14, setelah sebelumnya mengatakan bahwa hal itu tidak perlu diikuti oleh ...

POPULAR NEWS
Metals Focus Sees Gold-Friendly Conditions In 2018

Metals Focus sees a favorable backdrop for...

Lawyers of Jailed South Korean President Resign

The seven defense lawyers of ousted South Korean...

LATEST NEWS
Saham China sedikit berubah jelang kongres partai, data GDP

China stocks ended little changed on Tuesday as investors awaited key mainland economic data and a major leadership summit later in the week, though resources firms posted losses on concerns the sector™s recent rally may be over. The blue-chip...

Tokyo Stocks Up For 11th Straight Day, Hit Fresh 21-Year High

Tokyo benchmark index marked another fresh 21-year high on Tuesday, rising for the 11th straight session, as upbeat Japanese corporate earnings outweighed concerns about overheating. The Nikkei 225 rose 0.38 percent, or 80.56 points to end at...

Oil Buoyed as Clashes Embroiling OPEC's No. 2 Member Curb Output

Rising tensions in OPEC second-biggest producer as Iraq's government violently clashes with the semi-autonomous Kurdish region are sustaining oil's gains, for now. Fighting in Kirkuk, home to Iraq's oldest-producing fields, has shut production...