Summary
[Institutions look forward to the Federal Reserve’s interest rate resolution: The Federal Reserve is expected to send a signal to tighten monetary policy]As the FOMC is about to convene, the US government has more than a week to run out of working capital, and the budget bill is still out of reach. It is expected that the FOMC will not be affected by these developments, but will attribute the economic weakness to temporary factors, while acknowledging the downside risks of the epidemic and fiscal deadlock. The meeting statement may convey that the standard for inflation to make “substantial progress” toward the Fed’s price target has been met, and the labor market is expected to improve significantly before the end of the year, which is a sign that the Fed has begun to tighten policy. “If the economy generally develops as expected,” the September statement may be included for the first time since the outbreak of the outbreak of the plan to reduce asset purchases. (Golden Ten Data)
As the FOMC is about to convene, the US government is still more than a week away from running out of funds, and the budget bill is still out of reach. It is expected that the FOMC will not be affected by these developments, but will attribute the economic weakness to temporary factors, while acknowledging the downside risks of the epidemic and fiscal deadlock.The meeting statement may convey that inflation is moving towardsMidlandThe criteria for “substantial progress” in the storage price target has been met, and the labor market is expected to improve significantly before the end of the year.MidlandA sign that the Reserve has begun to tighten its policy. “If the economy generally develops as expected,” the September statement may be included for the first time since the outbreak of the outbreak of the plan to reduce asset purchases.
(Source: Golden Ten Data)
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