- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Fed’s Bowman: Important to keep reducing balance sheet size to reach ample reserves as soon as possible
Fed’s Bowman: Important to keep reducing balance sheet size to reach ample reserves as soon as possible
Federal Reserve (Fed) Governor Michelle Bowman participated in a panel discussion titled "Policy Panel Discussion" at the Bank of Japan (BoJ) - Institute for Monetary and Economic Studies, in Tokyo, on Tuesday.
Key quotes
Would have supported either waiting to slow QT pace or a more tapered slowing in balance sheet run off.
'In my view' bank reserves are not yet near 'ample' levels given still-sizable take-up of on-RRP.
Important to keep reducing balance sheet size to reach ample reserves as soon as possible and while economy is strong.
Important to communicate any change to run-off rate do not reflect a change in Fed's monetary policy stance .
'Strongly' supports principle of balance sheet holdings primarily being composed of treasuries.
A longer-run balance sheet 'tilted slightly' toward shorter maturities would allow flexibility in approach.
In future, when Fed conducts QE to restore market functioning or financial stability it should communicate that purchases will be temporary and unwound when market conditions have normalized.
FOMC would have benefited from earlier decision to taper and end QE in 2021; would have allowed earlier rate hikes.
Market reaction
The US Dollar Index pays little heed to these above comments, keeping its range near 104.50, down 0.15% on the day.
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
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.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
