Fed to resume asset purchases to avoid fresh money market turmoil

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

日本 ニュース ニュース

Federal Reserve chair Jerome Powell says the move is not a return to crisis-era quantitative easing programmes

Federal Reserve chair Jerome Powell speaks at a meeting in Denver, Colorado, the US, October 8 2019. Picture: DANIEL BRENNER/BLOOMBERG

He suggested that the purchases would be made up of Treasury bills and stressed the buying should not be seen as a return of the crisis-era quantitative easing programmes that the Fed engaged in a decade ago to boost the economy. Three-month bill yields fell on the comments, while US stocks pared losses and the dollar was higher.

But he added, “we will act as appropriate to support continued growth, a strong job market, and inflation moving back to our symmetric 2% objective”. The job market has also downshifted, even as unemployment has fallen to a half-century low of 3.5%. Nonfarm payrolls grew by an average of 157,000 per month in the third quarter, compared with gains above 200,000 earlier in the expansion.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Asian stocks swoon on signs of prolonged US-China standoffUS Treasury yield curve steepens on continent after US Federal Reserve chair Jerome Powell signals further interest rate cuts and the resumption of bond purchases
ソース: BDliveSA - 🏆 12. / 63 続きを読む »