Federal Reserve monetary policy meeting held on April 26, is expected to be discussing whether to end second round of quantitative easing monetary policy according to schedule (QE2). This will also break the practice of the Bonan grams, Fed Chairman, speech at the Conference on media, markets expect Bernanke when the future policies of the Federal Reserve can release more signals.
published by low interest rates will remain
4 13th "Beige Book" report is the important basis for the Federal Reserve's monetary policy meeting. Reports show that United States inflation remains within the control. Most federal reserve policy makers also believes that United States second stage quantitative easing monetary policy (QE2) will not be extended, at the end of June. As the unemployment rate remains high, the Fed will continue to maintain a low interest rate policy to promote economic growth.
recommended reading
primary South grams speech or revealed fed exit route figure QE2 or painting Shang period European Central Bank new Palm lock will "meaning" in the people RMB on dollars 25th disk in the volatility near 0.5% RMB is period currency yesterday once fell stopped vulnerable dollars has is "spent" Shen Jianguang: exchange rate interest rate need more flexible second quarter investment policy will hot registration in the report display Recent United States economy continued to expand around. Industrial production and consumption continue to pick up, recruitment activities remain active in manufacturing, weaker job market has improved. United States retail sales rose in most areas, and strong manufacturing growth. Although rising gasoline and food prices, March United States consumer spending is still growing. Although in most of the job market weakness, improves. Real estate market remains sluggish, pose a drag on the economy.
United States March consumer price index (CPI) months rose 0.5%, an increase of 2.7%, largest increase since December 2009. The basic data in line with market expectations. Per cent from March, the core CPI rose 0.1% 0.2% of lower than expected, an increase of 1.2%, the Fed core inflation remained at depressed levels of most concern.
fed transparency
Bernanke on April 27 after a federal reserve policy meeting held a news conference. Due to the regular meeting of the Federal Reserve, markets generally expected the Fed will maintain the current low interest rates unchanged. Market hopes to get more information from the Bernanke speech, such as views on the prospects for economic growth in the coming year, and when to raise interest rates.
since the 2006 helm of the Fed Bernanke, have argued for improve the transparency of the Federal Reserve. The Fed said that the boot media press conferences on a regular basis, will further strengthen the Federal Reserve's monetary policy clarity, and timeliness of communication. Ben Bernanke at the policy press conference after the meeting, in June and November of this year also has a.
for Bernanke's debut, analysts said markets will over wording of Bernanke, and likely to be misunderstood his position requires great care. Analysts also worry that if the Fed disclose too much information in this time the press conference, but will cause excessive turbulence.
investors to understand the data will be released this week with Bernanke's comments. Some important economic data will be published this week. Published weekly on Thursday United States latest unemployment data and the first quarter of this year United States GDP initial value, due to bad weather the United States the construction and consumer spending, growth is expected to slow sharply to an increase of 2%, fourth quarter of last year United States GDP growth 3.1%. (Huang Jihui)
