⊙ reporter Zhu Zhouliang 0 edit Zhu Xianjia
number of Fed officials said at the weekend, increasing economic recovery solid, is unlikely to also do not need to expand national debt acquisition. Some of them are also called upon, the Fed should consider in the near future, to reverse direction, that is, selling Treasury bonds or interest rates in the hands of.
analysts believe that, in view of these three officials are decision-making body--the Federation of the Federal Reserve open market Committee (FOMC) voting member of this year, they may have some representation. Even if the fed in the short term there is no chance to exit, but at least it shows that the administration of policy emphasis have been fine-tuning.
recommended reading
United States economic spring hope non-agricultural employment data provides confirmed signal dollars revive treasures borrowing rose Han consumer confidence index collapse dollars low rebound difficult breaking weak pattern eurozone "Economic Union" non-day of Gong Ireland crisis or forced European Central Bank then out help March non-agricultural data or Director dollars "play" [RMB premium][market Center]three bit decision members has asked
Last weekend, many officials of the Federal Reserve delivered a speech on economic and monetary policy. Coincidence is that the views of the majority of them tend to do not need to further expand the policy stimulus, some people even think should consider starting out.
in the FOMC has the right to vote this year Evans of the Chicago District of the Federal Reserve Bank said at the weekend, he thought now maintain a second round of the national debt of US $ 600 billion acquisition of scale is "fit". He further noted that, personally, he insisted when last autumn's view, that is, without further expanded the scale of stimulus.
the decision-making bodies of the Federal Reserve FOMC had said on March 15, United States increasingly solid foundation of economic recovery and employment markets are gradually improving. Decision maker reiterated will complete before the end of June to purchase $ 600 billion bond plan to stimulate economic growth and improve employment. However, the outside is still widely expected, the Fed will not raise interest rates during the year at least.
Evans suggested that once the positive debt scheme to stop the fed do not rapidly tightening the ultra-loose monetary policy, might try to maintain stability on the balance sheet.
also FOMC voting members this year's Philadelphia District of the Federal Reserve Bank President puluose said authorities should start to think about when to end the ultra-loose policy, because the economic conditions have improved. Has always been considered to be anti-inflation hardliners puluose said that United States economy since last summer has been "a lot of strength and kinetic energy", if this expectation and accurate, so steering monetary policy must be in the near future, and begin the withdrawal of weapons provided to economic easing.
puluose warned that if you fail to make timely policy adjustments may bring significant negative impact on inflation and economic stability. He preferred exit strategy including interest rates and asset sales.
Evans and puluose are of the view that Japan earthquakes, as well as the Middle East unrest caused by rising oil prices, on the United States pose a risk to economic recovery, it is anticipated that this risk is smaller and shorter.
right to interest rate decisions this year, another official--Minneapolis Division of the Federal Reserve Bank President kexuelaketa said at the weekend, only in the United States cases of serious deterioration of the economy, the Fed will consider further expanding debt scheme.
$ short-term or good
based on the information website of the Federal Reserve, permanent voting members of the FOMC has 11 this year, Evans, puluose and kexuelaketa are all ranked among them, the three on the decision of each monetary policy this year has the right to vote. According to the plan, FOMC will have 8 regular monetary policy meeting of the year so far have been held twice, most recently on March 15.
in addition to these three have the right to vote of the members, there are several Federal Reserve officials over the weekend also made a statement. And Evans and others similar, they also caution continues to expand stimulus.
serving Saint Louis District of the Federal Reserve Bank President Brad at the weekend in France, said policymakers should consider whether to complete the second round scheduled for the end of June by quantitative easing because the United States strong economic performance. According to Friday's amended data United States GDP growth in the fourth quarter of last year was raised to 0.3%, to 3.1%.
the "economic situation looks quite good," said Brad, "discussed at future meetings of the second round of quantitative easing was a reasonable choice, in particular the meeting in April this year, we hope that this project has been completed, or a little prematurely. "The Fed's nextInterest on the Conference will be held on April 26.
Atlanta Division of the Federal Reserve Bank President Lockhart and Evans also expressed similar views at the weekend, he said, further easing by the Fed's "high threshold", suggesting that the Fed's focus is no longer considered further relaxation of the policy at issue, but in opposite directions.
observers think, seen from the number of Fed officials stand, seems to start shifting policy emphasis slowly "exit-oriented".
RW Pressprich said Larry, directors of the company's trading Department, Federal Reserve policymakers consistent news, market slowly realized that interest rates may be raised. BWC Deputy Head of the capital market in Hong Kong's foreign exchange Emond said from a Fed official's remarks, investors may expect United States will be expected sooner than before to stop printing money.
financial market also address to the officials of the Federal Reserve has responded. Because of the hints may no longer be to expand stimulus and turn early exit, United States Treasury bond yields rose sharply on Friday. Analysts said the dollar is expected to gain support in the short term, small rise in the dollar index Monday.
