www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

China has more wiggle room for policy maneuver as Fed signals slower rate hikes

(Xinhua) Updated: 2016-03-18 10:32

WASHINGTON - China has more wiggle room to maneuver macroeconomic policy and manage exchange rates as US Federal Reserve signaled slower pace of interest rate hikes this year, US experts say.

After a two-day policy meeting wrapped up Wednesday, the Fed kept its benchmark short-term interest rates unchanged and lowered expectations for the path of rate increases this year, noting that "global economic and financial developments continue to pose risks" to the US economy.

The Fed's updated projections showed that policymakers expected the federal funds rate to rise to around 0.9 percent at the end of 2016, implying two quarter-percentage-point rate increases this year, down from four estimated in December.

The anticipation of slower pace of rate hikes signaled that policymakers don't want to be in a rush to raise rates amid global risks and they would like to wait for more time to assess the US economic outlook.

"Proceeding cautiously in removing policy accommodation at this time will allow us to verify that the labor market is continuing to strengthen, despite the risks from abroad," Fed Chair Janet Yellen said Wednesday at a press conference.

"Such caution is appropriate, given that short-term interest rates are still near zero, which means that monetary policy has greater scope to respond to upside than to downside changes in the outlook," Yellen said.

The Fed raised its target range for the federal funds rate by 25 basis points to 0.25-0.5 percent in December, the first rate hike in nearly a decade, marking the end of an era of extraordinary easing monetary policy.

But the turmoil in financial markets and a slowdown in global economy since the start of the year has raised increased concerns about the strength of the US economy, forcing Fed policymakers to hold off on any further rate hikes since then.

The Fed's dovish stance on Wednesday came after finance ministers and central bank governors of the G20 (Group of 20) agreed in Shanghai last month to use "all policy tools-monetary, fiscal, and structural-individually and collectively" to strengthen the global economic recovery.

David Lipton, the first deputy managing director of the International Monetary Fund (IMF), recently also called for collective action to boost the global economy as "risk of economic derailment has grown."

"I want to make the case for action now," Lipton told a conference of the National Association for Business Economics earlier this month. "Now is the time to decisively support economic activity and put the global economy on a sounder footing."

"I think the Fed probably will wait a while before raising interest rates again, that helps create a stable global environment (for China)," David Dollar, a senior fellow with the Brookings Institution and a former official of the World Bank and the US Treasury Department, told Xinhua.

The Fed's less aggressive path of rate increases could provide some relief to emerging markets who are already struggling with currency depreciation and capital outflows. It could also open a window of opportunity for emerging markets to boost economic growth.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产亚洲精品久久久久久久网站 | 老司机精品福利视频 | 久久精品国产91久久综合麻豆自制 | 亚洲精品国产一区二区三区在 | 亚洲国产日韩欧美一区二区三区 | 在线不卡一区二区三区日韩 | 国产在线播放一区二区 | 自拍网在线 | 精品在线视频播放 | 免费公开视频人人人人人人人 | 国产欧美综合一区二区 | 香港三级日本三级三级人妇 | 国产午夜精品久久理论片小说 | 成人免费在线播放 | 日本手机在线视频 | 亚洲欧美视频一区二区三区 | 特黄aa级毛片免费视频播放 | 97青娱国产盛宴精品视频 | 一区二区国产在线播放 | 嫩草一区二区三区四区乱码 | 毛片网站在线播放 | 日本特一级毛片免费视频 | 国产视频一区二区三区四区 | 亚洲伊人久久综合影院2021 | 日本在线观看免费视频网址 | 国产成人经典三级在线观看 | 99视频在线观看视频一区 | 国产在线精品一区二区三区不卡 | 国产成人亚洲精品 | 韩国福利影视一区二区三区 | 国产成人一区二区 | 亚洲欧美日韩精品永久在线 | 依依成人综合网 | 香港台湾经典三级a视频 | a毛片免费在线观看 | 一区二区三区在线看 | 亚洲精品成人a | 成人午夜影院在线观看 | 亚洲天堂视频一区 | 美女被男人cao的爽视频黄 | 亚洲精品国产手机 |