• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    What Is The Deadline For The Fed To Raise Interest Rates?

    2016/5/26 23:26:00 21

    FedRate HikeExchange Rate

    Under the circumstances of the external impact of China's devaluation of the RMB or the referendum of Britain's withdrawal from Europe, it may spread directly to the US economy directly or through the financial market.

    The failure of monetary policy decisions is usually the result of the Federal Reserve lagging behind the economic curve, that is, when the economy is overheated and vicious inflation makes the Fed feel unprepared, it is forced to accelerate its tightening policy.

    But some analysts believe the Fed has missed an opportunity to normalize interest rates a few years ago.

    Lance Roberts, chief investment strategist at Clarity Financial, said: "after the first round of quantitative easing (QE1), economic growth has been greatly improved, so the Federal Reserve should start the process of normalizing interest rates so that it can have the tools of the next recession."

    Roberts believes that the US economy may shrink in 2017, but his main concern is that the Fed's policy raises asset prices and stocks, especially lowering interest rates, allowing companies to buy bonds and buy back shares.

    The S & P 500 index closed at 2090.54 on Wednesday (May 25th), 2% lower than its historical high last year.

    Roberts said: "if the Fed moves ahead and starts raising interest rates, the S & P 500 index will not be at the current level, but the 1500~1600 interval."

    Almost no one in Wall Street thinks the current share price is cheap.

    The FactSet tool shows that the S & P 500 index has a non GAAP criterion P / E ratio of 16.5, which is 10 years above average.

    In addition, few people will think of bubbles in the market.

    George Pearkes, a macroeconomic strategist at Bespoke investment group, said: "the stock market is expensive, but in the past two years, the forward price / earnings ratio of the stock market has continued in the 16~18 range."

    But in fact, most of the increase in the S & P 500 since 2009 has been driven by a rise in the P / E ratio.

    In other words, stock prices have risen to more than earnings growth.

    At that time, the stock market followed fundamentals, such as long-term earnings and dividend growth, but in the short term, the two directions tended to increase too much.

    Others are worried about the prolonged and ultra loose.

    monetary policy

    The Fed has been in trouble, and the Fed is facing a series of increasingly bad resolutions.

    Former Dallas Federal Reserve Chairman Fisher (Richard W. Fisher) consultant Danielle DiMartino Booth said that it is not appropriate to raise interest rates at present. When interest rates were raised, it was in 2013.

    labor market

    The index is actually better.

    Booth believes that the zero interest rate policy causes capital expenditure to be weak while increasing the debt burden of enterprises.

    "What the Fed has been doing for years is to buy its own time, but the business cycle will eventually end," she said.

    She also believes that future monetary policy will depend on the results of the United States election.

    She said: "if Hilary is elected president, she may appoint two more dovish Fed officials, so we may continue to maintain low interest rate policy for a longer time".

    Tim Duy, senior director of the Oregon Economic Forum, said that if the Fed had already raised interest rates by 25 basis points, the business model might have changed, which is questionable.

    He said: "

    interest rate

    Maintaining the low position is not driven by the Federal Reserve, but driven by the global economic situation ".

    He pointed out that the Fed could not raise interest rates simply by raising short-term interest rates.

    In fact, Duy believes that if there is a mistake, it should be the Federal Reserve too fast and too radical to cut down on the purchase of debt, so that the expected tightening policy will be heated up.

    Duy said: "too tough is actually counterproductive, pushing up US dollars and suppressing commodities. In fact, they have tightened financial conditions too early."

    Pearkes also disagrees that the Fed should start tightening policy as soon as possible.

    He said: "people who believe that the zero interest rate policy and the increase in asset purchase period have forgotten the benefits.

    QE is equivalent to pushing up the real interest rate by three percentage points, less than 0%.

    In fact, the European Central Bank decided in 2011 that it was time to raise interest rates, but it had no effect, and the euro zone economy was in recession and it was still difficult to restore kinetic energy.

    Perhaps the 99 problem in the stock market is that the Fed is only one.

    Whether the Fed's decision is wrong or not, there may be a new round of correction in the stock market, because the Federal Reserve is still one of the most vulnerable factors because of various reasons other than monetary policy.


    • Related reading

    What Effect Will The Fed Raise Interest Rates On Asia?

    Foreign exchange trend
    |
    2016/5/25 22:11:00
    33

    The US'S Right To Fight For Global Financial Markets Is Threatening.

    Foreign exchange trend
    |
    2016/5/23 21:48:00
    27

    The EU'S "Too Willful" British Referendum May Be A Catalyst.

    Foreign exchange trend
    |
    2016/5/21 11:21:00
    31

    The International Market Has Come To "China Panic". The US Dollar Index Has Rebounded Sharply.

    Foreign exchange trend
    |
    2016/5/20 22:36:00
    38

    The Fed'S Rate Hike Is Expected To Continue To Be A Strong Currency.

    Foreign exchange trend
    |
    2016/5/20 13:40:00
    23
    Read the next article

    China's County Electricity Providers Will Flourish In The Future.

    China's county electric business is booming, with more than 350 billion yuan in Taobao county. The next time, everyone will follow the world clothing shoes and hat nets Xiaobian together to take a look at the detailed information.

    主站蜘蛛池模板: 一二三四日本高清社区5| 大女小娟二女小妍| 国产亚洲美女精品久久久| 久久这里只有精品66| 一二三四在线观看免费高清视频 | 精品女同一区二区三区免费播放 | 日韩精品视频在线播放| 国产精品jizz在线观看直播| 亚洲人成在线免费观看| 中文网丁香综合网| 最近中文字幕mv免费高清视频7| 国产欧美日韩在线| 久久精品国产亚洲AV麻豆~ | 国内精品久久久久影院一蜜桃| 亚洲精品人成电影网| 57pao国产成永久免费视频| 欧美性大战XXXXX久久久√| 国产福利在线观看你懂的| 五月天婷婷伊人| 车上做好紧我太爽了再快点| 日本一区视频在线播放| 又黄又爽又色的视频| …久久精品99久久香蕉国产| 特黄特色大片免费播放| 国产精品特级露脸AV毛片| 二级毛片在线播放| 蜜臀精品国产高清在线观看| 最新版天堂资源8网| 国产亚洲精品免费| 三级黄色录像片| 狠狠色丁香婷婷综合久久片| 国产肥老上视频| 乱人伦精品视频在线观看| 色视频在线观看视频| 婷婷色在线播放| 亚洲日本一区二区三区在线不卡 | 男人边吃奶边做弄进去免费视频| 国产超碰人人做人人爽av| 亚洲av中文无码乱人伦| 亚洲成人自拍网| 日本一区二区三区不卡在线视频|