Market news
25.09.2012, 17:01

Philadelphia Fed President Plosser: Was against September's Fed decision

  • Deferred policy tightening may destabilize inflation expectations

  • This decline in confidence could damage the Fed's ability to conduct an effective policy

  • The new bond purchase program could undermine the credibility of the Fed

  • Purchase of assets is unlikely to benefit greatly

  • Gradual decline in rates is unlikely to foster an economic growth

  • Costs and risks outweigh the positive effects of QE3

  • Further easing of Fed policy was inappropriate, it is unlikely to be effective

  • I expect that the U.S. will be able to avoid the worst scenarios of budget break

  • Recovery time from soft policy may occur much earlier than mid 2015

  • Europe continues to pose a significant uncertainty

  • Current policy generates long-term inflation risks

  • In the future, the policy should be more stringent than they are now waiting for the Fed

  • In the medium to long term, inflation is expected to reach 2%

  • Monetary policy can do little to spur job creation

  • Prospects for the labor market will improve only gradually

  • The rate of job growth was not strong enough to affect the unemployment rate this year

  • There are encouraging signs of improvement in the housing market

  • Consumers are unlikely to significantly increase the cost savings in the recovery

  • In 2013 and 2014, economic growth is likely to be around 3%

  • Economic growth for the year as a whole is likely to be 2%

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

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.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location