综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

Global economy worries prompt Fed to hold rates steady

(Agencies) Updated: 2015-09-18 07:40

The dollar fell sharply against a basket of currencies after the release of the statement. Stocks initially edged higher before falling and ending the trading session lower. Prices for US Treasuries rose.

'More dovish'

Taken as a whole, the latest Fed projections of slower GDP growth, low unemployment and continuing low inflation suggest that concerns of a so-called secular stagnation may be taking root among policymakers. One policymaker even suggested a negative federal funds rate.

The median projection of the 17 policymakers showed the Fed expects the economy to grow 2.1 percent this year, slightly faster than previously thought. However, its forecasts for GDP growth in 2016 and 2017 were downgraded.

The Fed also forecast inflation would creep only slowly toward its 2 percent target even as unemployment dips lower than previously expected. It sees the unemployment rate hitting 4.8 percent next year and remaining at that level for as long as three years.

The Fed's projected interest rate path shifted downward, with the long-run federal funds rate now seen at 3.5 percent, compared to 3.75 percent at the last policy meeting.

Fed officials like board member Jerome Powell and Atlanta Fed President Dennis Lockhart in recent months had publicly endorsed a September rate hike, forming a near majority along with longstanding inflation hawks like Richmond Fed President Jeffrey Lacker. Only Lacker, who wanted to raise rates by a quarter percentage point, dissented on Thursday.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
丹寨县| 响水县| 林口县| 宾川县| 张家川| 武穴市| 博湖县| 乌拉特前旗| 环江| 五常市| 林周县| 沐川县| 北流市| 民乐县| 沅江市| 桐梓县| 吉木乃县| 江川县| 桂平市| 阿拉善盟| 四会市| 吉林省| 门源| 民乐县| 扬州市| 若羌县| 兴宁市| 平邑县| 五家渠市| 凤山县| 林甸县| 南投市| 乌审旗| 米林县| 视频| 龙海市| 新河县| 湟中县| 开平市| 炎陵县| 土默特左旗|