Tuesday, 16 October 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Powell downplays risks to emerging market economies from Fed policies
Tuesday, 8 May 2018 14:34 WIB | FISCAL & MONETARY |Federal Reserve

Emerging market economies should be able to manage as advanced economies move toward tighter monetary policy, said Federal Reserve Chairman Jerome Powell, on Tuesday.

Appearing on a panel at a conference sponsored by the Swiss National Bank in Zurich, Powell said the role of U.S. monetary policy in driving global financial conditions and capital flows "is often overstated." The pickup in both global growth and commodity prices are also factors, he said. Still, the Fed should remain alert to "risk sentiment" going forward, Powell said.

For its part, the Fed would try to avoid market disruptions by communicating its policy strategy "as clearly and transparently as possible," he said. And so far, so good. "Fed policy normalization has proceeded without disruption to financial markets, and market participants' expectations for policy seem reasonably well aligned with policymakers' expectations...suggesting that markets should not be surprised by our actions if the economy evolves in line with expectations," the Fed chairman said.

Source: Marketwatch

RELATED NEWS
RBA's Lowe Keeps Benchmark Interest Rate at 1.5%...
Tuesday, 2 October 2018 11:49 WIB

Mengikuti versi pernyataan yang diformat ulang pada hari Selasa di situs web Reserve Bank of Australia, setelah Gubernur Philip Lowe dan dewannya mempertahankan target suku bunga semalam sebesar 1,5 p...

Fed Hikes Interest Rates, Signals Strong Support For Another Increase in December...
Thursday, 27 September 2018 01:22 WIB

The Federal Reserve pada hari Rabu menaikkan suku bunga untuk ketiga kalinya pada tahun ini dan mengisyaratkan itu bersiap untuk meningkat lagi pada bulan Desember, karena juga mengubah bahasa yang bi...

Swiss National Bank keeps rates steady at -0.75%, as widely expected...
Thursday, 20 September 2018 14:54 WIB

Anggota dewan Swiss National Bank (SNB) memutuskan untuk meninggalkan suku bunga deposito acuan tidak berubah di -0,75% pada penilaian moneter kuartalan yang diadakan hari ini. Bank sentral mempertah...

BoJ leaves monetary policy unchanged...
Wednesday, 19 September 2018 10:31 WIB

Pada pertemuan kebijakan moneternya hari ini, Bank of Japan (BoJ) tidak mengubah pengaturan kebijakan moneternya, menahan suku bunga di -10bps sambil mempertahankan target hasil 10% JGB pada 0,00%. B...

ECB Draghi : Do More To Shore Up Banking Sector...
Tuesday, 18 September 2018 15:52 WIB

Presiden Bank Sentral Eropa Mario Draghi mendesak pemerintah zona euro pada hari Selasa untuk mengambil tindakan lebih lanjut untuk menopang sektor perbankan di kawasan tersebut, termasuk dengan membu...

POPULAR NEWS
Gold Rally Rolls On

On Friday we asked the question -- could the...

Gold advances, tests territory last visited in July

Gold futures rose Monday, heading back toward...

Stocks end lower as tech weakness mutes rebound attempt

Stocks ended a choppy session lower Monday, with...

LATEST NEWS
Emas Diperdagangkan Mendekati Level Tertingginya Sejak Akhir Juli Lalu

Emas diperdagangkan mendekati level tertingginya sejak akhir Juli lalu setelah dolar melemah di tengah ketegangan geopolitik, termasuk gejolak antara pemerintahan Trump dan Arab Saudi, yang mungkin melihat pejabat AS menolak konferensi investasi...

Dollar Rises on Firmer U.S. Yields; Yuan Struggles

The dollar edged higher on Tuesday as firmer U.S. Treasury yields encouraged investors to buy the greenback after a recent drop with investors growing more bullish about its short-term outlook, especially against emerging market currencies. While...

China Shares Lower at Close of Trade; Shanghai Composite Down 0.85%

China equities were lower at the close on Tuesday, as losses in the Software & Computer Services, Technology and Media sectors propelled shares lower. At the close in Shanghai, the Shanghai Composite fell 0.85% to hit a new 3-year low, while...