Patrick Timothy Harker, who is the President of the Federal Reserve Bank of Philadelphia, says he does not expect the Federal Funds Rate will rise before the Fed's bond tapering is complete.
"I don’t expect that the federal funds rate will rise before the tapering is complete, but we are monitoring inflation very closely and are prepared to take action, should circumstances warrant it," Harker said in remarks prepared for a virtual event organized by the Economic Club of New York.
Reuters reported that The also said he ''expects inflation to moderate over the next year as supply demand imbalances caused by the pandemic are resolved, echoing a message shared by Fed officials last week when they announced they will begin to reduce the pace of asset purchases by $15 billion a month.''
Says he does not expect that the federal funds rate will rise before the fed's bond tapering is complete.
Says fed officials are monitoring inflation very closely and are prepared to take action, should circumstances. warrant it.
Says he expects inflation to moderate next year as supply chains come back online and bottlenecks ease
Says US economy should see another growth spurt to more than 4% next year if another major covid-19 wave can be avoided.
Says he expects economic growth to return to between 2% and 3% in 2023.
Says he expects more people to return to the workforce as forbearance programs run out.
More to come...
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.