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2020/01/30 / Erste Group Research

FOMC: Interest rates unchanged, liquidity remains high

As expected, the US Federal Reserve left the key interest rate unchanged at 1.5 - 1.75%. The current monetary policy is appropriate to support continued economic expansion, a strong labor market and inflation returning to the Federal Reserve's 2% target.

The press conference raised a number of questions regarding the development of the Fed's balance sheet. Powell also referred to possible effects of the partial trade agreement with China and the corona virus.


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General information

AuthorErste Group Research
Date2020/01/30
Languageen
Product nameShort Notes Major Markets
Topic in focusMacro/ Fixed income
Economy in focusUnited States
Currency in focusUS Dollar
Sector in focus-
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