...
首页> 外文期刊>Institutional investor >EXIT STRATEGY THE FED NEEDS TOGET ITS MESSAGE RIGHT
【24h】

EXIT STRATEGY THE FED NEEDS TOGET ITS MESSAGE RIGHT

机译:退出策略美联储获得正确的信息

获取原文
获取原文并翻译 | 示例
           

摘要

Federal Reserve District of St. Louis president James Bullard expressed worry last month that the Fed's "lack of clarity" about how it plans to address crisis levels of liquidity and reduce its bloated $2 trillion-plus balance sheet could be adding to market uncertainty-elevating both volatility and inflation expectations. No kidding. Just a day after the central bank set out a fairly dovish exit road map in a statement following the September meeting of the Federal Open Market Committee, the bond markets were whip-sawed by a hawkish opinion piece by Fed governor Kevin Warsh, who wrote, "Prudent risk management indicates that policy likely will need to begin normalization before it is obvious that it is necessary, possibly with greater force than is customary."
机译:圣路易斯联储区总裁詹姆斯·布拉德(James Bullard)上个月表示担心,美联储对其计划如何解决危机的流动性和减少其肿的2万亿美元资产负债表的“缺乏明确性”可能会加剧市场不确定性波动率和通胀预期。别开玩笑了在9月联邦公开市场委员会会议后的声明中,央行制定了相当鸽派的退出路线图的第二天,美联储行长凯文·沃什(Kevin Warsh)的鹰派观点就鞭策了债券市场,他写道: “谨慎的风险管理表明,在很明显有必要之前,可能有必要开始规范政策,其力度可能比通常更大。”

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号