• 保存到桌面加入收藏设为首页
英语新闻

国际英语新闻:U.S. Fed chairman says current monetary policy likely to remain appropriate

时间:2020-02-14 09:18:26   作者:   来源:   阅读:107   评论:0
内容摘要: WASHINGTON, Feb. 11 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell said Tuesday that the current stance of monetary policy will &q......

WASHINGTON, Feb. 11 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell said Tuesday that the current stance of monetary policy will "likely remain appropriate," according to his testimony prepared for a hearing before the House Financial Services Committee later in the day.

"Of course, policy is not on a preset course. If developments emerge that cause a material reassessment of our outlook, we would respond accordingly," Powell said, adding the risks to the U.S. economic outlook remain.

"Some of the uncertainties around trade have diminished recently, but risks to the outlook remain. In particular, we are closely monitoring the emergence of the coronavirus," he said.

Powell's remarks came after the central bank on Friday submitted its semi-annual monetary policy report to Congress. The Fed said in the report that the current stance of monetary policy was appropriate as downside risks to the U.S. economy had receded.

Powell is scheduled to deliver the report and testify before the House Financial Services Committee later Tuesday and before the Senate Banking Committee Wednesday.

The Fed lowered interest rates three times in 2019, cutting the target range of the federal funds rate by 75 basis points to 1.5-1.75 percent. After wrapping up its first monetary policy meeting of 2020 in late January, the Fed left interest rates unchanged and maintained a wait-and-see stance.

Diane Swonk, chief economist at Grant Thornton, a major accounting firm, believed that below-target inflation and cooler-than-desired wage gains are expected to prompt the Fed to cut rates at least once in 2020.

"Downside risks associated with the spillover from the coronavirus may force the Fed to act even more aggressively. The Fed is starting to realize that it has more tools to sustain the expansion than to right the ship once it capsizes," Swonk wrote last week in an analysis.


滚动新闻 热门新闻 六合资讯 六合财经 Rolling news Hot news 英语新闻 社会万象 最新新闻 英文新闻 健康资讯 英语新闻 六合宝典 三合六合 今彩539 三合六合 英语忘不了 战神英语 最新资讯 滚动新闻 热门新闻 社会万象 英语新闻 热门新闻 最新学英语 最新财经 最新女性保健 最新乳房保健 最新阴道保健 最新子宫保健 最新卵巢保健 最新盆腔保健 最新社会新闻 最新棋牌 游戏攻略 围棋新闻 棋盘新闻 弈城围棋 围棋新闻 国际象棋 中国象棋 牌类游戏 游戏攻略