Wednesday (11th) number of officials of the Federal Reserve for inflation, economic and monetary policy made a statement. But as in the past, different stances, indicates that the Fed remains divided views on future monetary policy. But one thing is for certain, that is, the introduction of the third round of quantitative easing monetary policy (QE3) the possibility of getting lower.
United States Minneapolis Federal Reserve President kexuelaketa (Narayana Kocherlakota) that if the United States economic recovery as he expected, the Fed should modestly raise rates before the end of 2011.
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European Central Bank points "inflation fighter" Euro turned over ACE now dollars into rebound cycle high risk assets bull market will end euro appears every high short opportunity market emotional vulnerable non-us unspeakable rebound IMF on Greece avoid debt recombinant has confidence euro bad constantly risk aversion demand push high dollars [registration] listen to Wen Guoqing taught you copy end opportunity he pointed out that If the United States the core personal consumption expenditures price index (PCE) climbed to 1.5% in the rest time in 2011, the Federal Reserve should raise interest rates by 50 basis points. Even so, the Fed is to increase the interest rate from the actual level of zero interest rates and monetary policy continues to be a high degree of loose.
kexuelaketa make radical statements at the same time, the Cleveland Fed President pinaertuo (Sandra Pianalto) attitude is more moderate. In her view, for now, the Fed's monetary policy stance remains appropriate, but the easing of monetary policy will eventually have to reduce.
, Atlanta Fed President Lockhart (Dennis Lockhart) wording although there is no direct reference to the interest rate, but it continues to maintain its loose monetary policy stance of the Federal Reserve does not look good. He said that second quantitative easing scheme (QE2) after the end of June, very high threshold of further buying Government bonds.
, analysts said as the United States job market and the overall economic situation gradually improved, the Fed is expected to start Recovery stimulus at the appropriate time. In any case, judging from the present situation, there is little possibility of the implementation of the third round of quantitative easing. This will rebound in the dollar to create a good environment.
United States Bank (Bank of America Corp) global head of currency research David Woo said, the Fed is coming to an end the second round of quantitative easing, the EUR/USD at the end of June or the level dropped to 1.32. End of the market not fully digested Federal Reserve expected of the QE2. Quantitative easing, or the end of the Federal Reserve will boost dollar rebound, and lead to a correction in commodity prices.
known Astor Asset Management asset management company of a senior asset manager Rob Stein said, the US dollar in the next five months will also rise between 6-9.
