Market news
22.10.2021, 01:37

Fed’s Williams: Longer-run inflation expectations are in line with the central bank’s 2% goal

New York Federal Reserve (Fed) President John Williams said on Friday, longer-run inflation expectations are in line with the central bank’s 2% goal.

Additional takeaways

If inflation expectations get anchored at too low a level that will then bring down actual inflation over time.

There is a great deal of uncertainty about the economy today.

The US housing prices are rising very rapidly and asset valuations are quite elevated.

House prices were driven higher by low-rate environment and pandemic factors.

Higher home prices are not a risk to financial stability and banks are better capitalized than during the last crisis.

Fed needs to be focused on the security of new payment technologies.

It's important to think about the positives to digital currencies but also the risks to consumers, investors and financial stability.

Market reaction

The US dollar index is seeing a spurt of fresh selling, as the risk sentiment gets a lift on the positive China Evergrande’s news.

At the time of writing, the dollar index is down 0.04% on the day, trading at 93.73, having stalled its recovery at 93.80.

© 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