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

 
  | Home | News| Living in China| MMS | SMS | About us | Contact us|
   
 Language Tips > Business news
Updated: 2005-11-01 10:43
Expect Fed to raise rates again Tuesday

美聯儲聯邦公開市場委員會將在當地時間周二舉行例會決定是否進一步加息。近期美聯儲官員的講話都透露出對通貨膨脹風險的擔憂,因此市場人士普遍預計,美聯儲將繼續加息步伐,將聯邦基準利率由3.75%上調至4%。

 

The Federal Reserve is expected to raise interest rates by a quarter-point, to 4%, when it meets Tuesday, economists say, noting that growth remains robust while inflation has been rising despite 11 previous rate increases since June 2004.

The policymaking Federal Open Market Committee has raised its target for a key short-term interest rate to 3.75% from 1%, in quarter-point increments, since mid-2004. Fed officials want to bring rates to a neutral level that neither slows nor overstimulates the economy, but they haven't said what that level is. Inflation pressures intensified after Hurricane Katrina, though they are moderating.

Crude oil for December closed at $61.22 a barrel Friday, down from highs near $70 shortly after the hurricane.

"With all the hysterical talk about inflation by several Fed officials, I guess I would say I wouldn't be surprised if they did a (half-percentage-point) increase. It would not be my forecast," said Ken Mayland of Clearview Economics, who expects the Fed to move by a quarter-point Tuesday and gradually raise rates to 5%.

The Commerce Department said Friday that the economy grew at a robust 3.8% in the third quarter of 2005, despite the impact of Hurricane Katrina. A special Commerce measure of inflation rose at a 3.7% pace, the fastest in over a year. However, core inflation, which doesn't include food and energy, was up a more moderate 1.3%. The Fed monitors the core figure.

Brian Wesbury, chief economist at Claymore Securities, said that even if the Fed was not worried about rising inflation, it would still have to keep raising rates. He says the Fed pushed rates too low in 2000-03.

"The Fed way overdid it," said Wesbury, who also expects officials to raise rates to 5% by mid-2006. "All they're doing is bringing (rates) to a neutral level."

One question for economists is whether the pending retirement of Fed Chairman Alan Greenspan, who is set to leave the Fed on Jan. 31, and his likely replacement by Ben Bernanke, chair of the White House Council of Economic Advisers, will affect near-term rate decisions. Greenspan will preside over rate meetings in December and January.

(Agencies)

 

Vocabulary:
 

pending: Impending; imminent(即將來臨的)

preside over : (主持)

 


 

 
Go to Other Sections
Story Tools
Related Stories
· Forbes listed China's top-notch magnates
· Fed lifts rates a quarter point to 4 per cent
· Expect Fed to raise rates again Tuesday
more
 
Copyright by chinadaily.com.cn. All rights reserved

版權聲明:未經中國日報網站許可,任何人不得復制本欄目內容。如需轉載請與本網站聯系。
None of this material may be used for any commercial or public use. Reproduction in whole or in part without permission is prohibited.
 

 

主站蜘蛛池模板: 欧美亚洲网站 | 久久精品视频日本 | 三级黄毛片 | 成人18免费视频 | 亚洲精品国产美女在线观看 | 欧美午夜在线播放 | 国产精品18久久久久久vr | 国产丝袜美女一区二区三区 | 做爰成人五级在线视频| 日韩美毛片 | 狠狠色狠狠色综合久久第一次 | 亚洲伊人色综合网站亚洲伊人 | 亚洲天堂免费在线 | 国产一区二区三区在线免费 | 最近手机高清中文字幕大全7 | 亚洲色色色图 | 精品久久久久久亚洲 | 91精品国 | 成人在线不卡视频 | 九九在线免费观看视频 | 亚洲欧美日韩精品高清 | 国产婷婷成人久久av免费高清 | 天堂免费在线视频 | 国产精品视频男人的天堂 | 国产在线精品香蕉综合网一区 | 日韩欧美一级 | 国产精品欧美亚洲 | 国产精品久久久久久久久久一区 | 久青草国产在线 | 成人国产精品免费视频不卡 | cao草棚视频网址成人 | 美女一级片视频 | 一级毛片中文字幕 | 全部免费毛片在线 | 成人a一级毛片免费看 | 日本波多野结衣在线 | 欧美不卡视频在线观看 | 国产一区二区中文字幕 | 久久精品成人免费网站 | 成人三级在线播放线观看 | 久久免费在线观看 |