Monday, 18 December 2017
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Yellen Says Imprudent to Stay on Hold Until Inflation at Goal
Tuesday, 26 September 2017 23:52 WIB | FISCAL & MONETARY |Federal ReserveThe FedJannet Yellen

Federal Reserve Chair Janet Yellen said raising interest rates gradually is the most appropriate policy stance now at a time of higher uncertainty about inflation.

œIt would be imprudent to keep monetary policy on hold until inflation is back to 2 percent, she said Tuesday in the text of remarks prepared for delivery in Cleveland. In addition she said the Fed œshould also be wary of moving too gradually.

U.S. central bankers are monitoring progress on their 2 percent inflation goal, which they have mostly missed for the past five years. Nonetheless, the Fed™s quarterly forecasts released last week continued to show most membersprojecting one additional rate hike this year and three more in 2018.

Yellen, in her most detailed speech on inflation risks this year, described three areas of uncertainty in the inflation outlook. œMy colleagues and I may have misjudged the strength of the labor market, the degree to which longer-run inflation expectations are consistent with our inflation objective, or even the fundamental forces driving inflation, she said.

 

Source : Bloomberg

RELATED NEWS
Draghi Says ECB Will Still Be Short of Inflation Goal by 2020...
Thursday, 14 December 2017 21:34 WIB

Mario Draghi tidak lagi menyatakan bahwa Bank Sentral Eropa akan memenuhi target inflasi pada 2020, mengindikasikan bahwa ekonomi kawasan euro belum cukup kuat untuk menjamin penyisihan stimulus monet...

ECB leaves rates at record low, reiterates dovish guidance...
Thursday, 14 December 2017 20:07 WIB

Bank Sentral Eropa tidak mengubah kebijakannya hari Kamis, mempertahankan suku bunga deposito pada tingkat negatif 0,4% dan tingkat re-financing utamanya sebesar 0%. Bank tersebut mengulangi pedomann...

Bank of England holds key rate at 0.5% in unanimous vote...
Thursday, 14 December 2017 19:22 WIB

Bank of England pada hari Kamis mempertahankan suku bunga utamanya tidak berubah sebesar 0,5%, sesuai perkiraan pasar sebelumnua setelah bank sentral ini pada bulan November menaikkan suku bunga untuk...

SNB Bides Time on Rates as Weaker Franc Helps Inflation Outlook...
Thursday, 14 December 2017 15:59 WIB

Swiss National Bank mempertahankan suku bunga pada rekor terendah, berada dalam mode wait and see sambil memantau dampak dari franc yang lemah terhadap inflasi. Meski penurunan 8 persen franc terhada...

Fed Lifts U.S. Interest Rates, Still Expects 3 Hikes in 2018...
Thursday, 14 December 2017 02:28 WIB

Federal Reserve pada hari Rabu ini menaikkan suku bunga utama jangka pendek AS dari 1,25% ke 1,5%, namun sebagai tanda kewaspadaan bank sentral berpegang pada perkiraan sebelumnya untuk hanya tiga ken...

POPULAR NEWS
All Main Stock Indexes Close at Records Ahead of GOP Tax Bill Draft

All main stock benchmarks closed at records on...

Gold Ends Slightly Higher, Marks First Weekly Rise in a Month

Gold ended with a modest climb Friday, logging a...

Hong Kong Stocks Fall 1 pct, Property and IT Firms Weigh (Review)

Hong Kong stocks fell on Friday, led down by...

LATEST NEWS
Hong Kong Stocks Fall 1 pct, Property and IT Firms Weigh (Review)

Hong Kong stocks fell on Friday, led down by property and information technology firms tracking their mainland peers, with sentiment dented by Wall Street™s weakness on concerns about the progress of U.S. tax reform. At close of trade, the Hang...

All Main Stock Indexes Close at Records Ahead of GOP Tax Bill Draft

All main stock benchmarks closed at records on Friday with the S&P 500 and the Dow Jones Industrial Average extending their weekly winning streak to four as Republicans prepared to outline their final version of the tax bill. Stocks have been...

Oil Prices Settle Higher, But Post Third Straight Weekly Decline

Oil prices settled higher Friday, but tallied a loss for a third straight week, on the back of ongoing concerns over growth in U.S. crude production. "The driving force behind oil markets remains [the Organization of the Petroleum Exporting...