अमेरिका के केंद्रीय बैंक, फेडरल रिजर्व (federal bank) ने ब्याज दरों में कोई बदलाव नहीं किया है। बुधवार को अपनी दो दिवसीय पॉलिसी बैठक के अंत में फेड ने ब्याज दरों को अपरिवर्तित छोड़ दिया। लेकिन अब मार्च में ब्याज दरें (interest rate) बढ़नी तय मानी जा रही है। फेड के चेयरमैन जेरोम पॉवेल (Fed Chair Jerome Powell) के आज के बयान का समझें तो फेडरल रिजर्व (federal bank) ने कोरोना महामारी के बाद ब्याज दर में पहली बार वृद्धि करने के लिए आधार तैयार कर दिया है। पॉवेल के मुताबिक जल्द ही ब्याज दरों में बदलाव किया जाएगा।
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Stocks hold gains as Fed promises interest rate hike ‘soon’
Interest Rate Hike: Wall Street defended its strong gains Wednesday afternoon as the Federal Reserve said it was getting ready to raise interest rates.
The Fed is getting ready to raise interest rates
The Federal Reserve is getting ready to raise interest rates, the central bank said in its monetary policy update Wednesday. But it kept rates near zero for now. “With inflation well above 2% and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,” the Fed statement read. The centralbank slashed rates to near zero in March 2020 when the pandemic took the US economy into a choke hold.
ECB Meeting Accounts: It was cautioned that “higher for longer”
ECB Meeting: According to the accounts of the December ECB (European Central Bank) monetary policy meeting, it was cautioned that a “higher for longer” inflation scenario could not be ruled out.
Fed Outlook [19-01-2022]
Fed Outlook: The latest U.S. data showed a gauge of New York state manufacturing slumped in January, suggesting omicron caused a pullback in activity.
The Fed Will Draw in its Horns a Little | Gold Silver Reports
Fed Outlook: A small number of releases today–the Empire State manufacturing index, NAHB housing market index, and late in the day, TICS. Also, Opec issues its monthly report.
Gold Prices Only Modestly Up, Inflation Beast Roars
The inflation beast is growing stronger. Unfortunately for gold price bulls, we cannot say the same about the yellow metal. Is sacrifice going on tomorrow?
Powell And Gold – The Fed May Announce Tapering in November
Powell And Gold – The Fed could announce tapering as soon as November. It all depends on whether the substantial further progress test for employment will be met or not. For Powell it is now “all but met”, even though it could happen as soon as the next meeting. After all, many of the FOMC members believe that this test has already been met:
RBI MPC Keeps Repo Rate Unchanged At 4%
RBI MPC Keeps Repo Rate Unchanged At 4%Watchful of evolving situation and remain committed to bring it back to normal in a gradual and non-disruptive manner
Fed on Track for Q4 2021 Taper: FOMC Minutes
The FOMC minutes have been released and there was some confusion on the release as to whether they were dovish or hawkish.