The Fed’s hardcore dovish September hike has come or deliver the goods

The Fed’s dovish September hike or deliver the goods hardcore dead Sina fund exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! FX168 financial newspaper (Hongkong) – despite the recent fed hawks sound strengthened, making the market for the September rate hike to rekindle the fire of hope, but it was soon fed governor Brainard (Lael Brainard) speech ruthlessly extinguished. As a member of the Fed’s hardcore dovish, Renard on Monday issued a declaration on the post crisis monetary policy, intended to eliminate the urgency of raising interest rates. That means the Federal Open Market Committee (FOMC) may at least agree with her this month. In fact, since June of this year, FOMC two camps within the increasingly fierce debate. On the one hand, the majority of members are expected to raise interest rates on the basis of inflation will rise, the degree of relaxation of labor will be expected to lower. But on the other hand, the Fed’s July meeting minutes show, and this camp is a relative "other participants", they think that there is no evidence that inflation is basically in response to the increasingly tight employment market. Brainard in Chicago on Monday said, this means that there is no reason to rush to raise interest rates, because there is no need to rely on the basic inflation and employment will exceed the target level of the situation. This view may be convincing in this month’s 20-21 FOMC conference. Renard was the last Fed official to speak publicly before the Federal Reserve entered the silent session ahead of the policy meeting. At the same time, Monday Minneapolis Fed President Cash Kari also said that low inflation means that the Fed does not raise interest rates sharply pressure. However, the U.S. Federal Reserve Chairman Lockhart believes that the current economic situation is enough to urge the Federal Reserve in Atlanta next week to discuss seriously whether shengxi. According to the federal funds rate futures trend implied that after the cloth Renard speech, traders on the Fed’s interest rate hike in September fell to 15%, the probability of interest rate hike in December was 54.5%. Deutsche Bank in New York Torsten chief international economist Slok pointed out that "they are worried that once they have fast action, may disrupt the economy and financial markets, there is no reason to expect they will raise interest rates in September." However, that does not mean that Renard has won the support of the entire monetary policy committee. In fact, there are a growing number of Fed officials in recent years, the gradual easing of economic easing will boost confidence in inflation expectations. In this context, the federal funds rate will gradually rise. This is the June economic forecast, although core inflation is expected to rise to 1.7% this year, but there are reasons for the increase in interest rates in 2016, the two. Yellen Yellen, chairman of the Federal Reserve (Jannet) last month, said the reasons for interest rate increases. Meanwhile, the Fed vice chairman Fisher (Stanley Fischer) also said that the Fed’s price target is close at hand. In fact, they are two per capita interest rate hike time. Worth noting相关的主题文章: