News
        The Fed should raise interest rates three times this year and begin to cut back


 bearing in stock

if you are interested in it , Get free samples :sales@edabearings.com

Rosenberg, president of the Federal Reserve Bank of Boston, said Wednesday that the Fed should raise interest rates three times this year and start lowering its balance sheet at the same time. The remarks suggest a more hawkish option for the Fed policy. Rosenberg said policymakers should "study carefully" that they would only raise interest rates twice before the end of the year. Rosen Glen was influential in the Fed, and he helped persuade other colleagues to speed up the tightening of the policy over the past six months. "As the balance sheet gradually shrinks, it will be reasonable to raise interest rates three times before the end of the year," Rosen Glenn said in a pre-prepared speech. The content of the speech roughly reaffirmed his policy stance. The Fed has raised interest rates since December last year, the interest rate is currently in the 0.75-1% range. While most decision makers predict that the Fed will begin to cut its $ 4.5 trillion dollar balance later this year, there is controversy within the Fed for whether it should be suspended at the same time. US unemployment rate was 4.4% low, inflation rate is only slightly lower than the Fed's 2% target, but the overall economic performance in the first quarter is relatively weak. "I will not see the weak data in the first quarter as a harbinger of economic weakness," said Rosen Glenn. "The Friday job market report provided some strong evidence for this view." By 2019, Rosenberg And no policy voting rights. Rosen Glenn also said that the impact of overseas risk factors on the US economy "seems to have subsided slightly."

PREVIOUS: INA bearing dealer EDA NSK bearing 7207CDB size parameters        NEXT: Imported bearings EDA NSK 7307ADB bearing distributors