The Fed's Two-Day Meeting Is About to End. What to Expect.

Barrons2021-11-03

The Federal Reserve’s two-day meeting ends today. A formal announcement about a reduction in emergency bond buys is a foregone conclusion; what’s not so certain is how officials will handle still-...

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精彩评论

ashethen
2021-11-03
ashethen
Like please
jerryang17
2021-11-03
jerryang17
Wow.
Wee93
2021-11-03
Wee93
lol
CHkoh
2021-11-03
CHkoh
like
- Wee93:
  okay
zhengliang96
2021-11-03
zhengliang96
Hi
AsherA
2021-11-03
AsherA
Like pls
- CHkoh:
  ok
- ValAly:
  Like

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What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-03 16:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/is-inflation-here-to-stay-fed-today-51635925833?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s two-day meeting ends today. A formal announcement about a reduction in emergency bond buys is a foregone conclusion; what’s not so certain is how officials will handle still-...</p>\n\n<a href=\"https://www.barrons.com/articles/is-inflation-here-to-stay-fed-today-51635925833?mod=hp_LATEST\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.barrons.com/articles/is-inflation-here-to-stay-fed-today-51635925833?mod=hp_LATEST","article_id":"1118295005","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1118295005","pubTimestamp":1635929648,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"The Federal Reserve’s two-day meeting ends today. A formal announcement about a reduction in emergen","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"translate_title":"美联储为期两天的会议即将结束。期待什么。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"The Federal Reserve’s two-day meeting ends today. A formal announcement about a reduction in emergency bond buys is a foregone conclusion; what’s not so certain is how officials will handle still-rising inflation and rising expectations for more aggressive interest-rate policy.\nFirst, on tapering: The Federal Open Market Committee, the Fed’s policy-setting arm, is widely expected to say they will this month begin tapering the $120 billion in monthly Treasury and mortgage-backed securities purchases launched in response to the coronavirus pandemic. Aneta Markowska, chief economist at Jefferies, expects the first reduction of $10 billion in Treasuries and $5 billion in mortgage-backed securities to go into effect Nov. 15. That would be just after the New York Fed publishes its next schedule of monthly purchases and thus the next opportunity to implement the change, she says.\nThe bigger question, Markowska says, is whether the FOMC will keep its language about inflation being “transitory.” Fed Chair Jerome Powell has reiterated since the economy began to reopen that rising prices are the result of reopening bursts and supply-chain kinks, meaning inflation would be fleeting. But the data are increasingly undermining that view. A 39-year high in the quarterly Employment Cost Index, released last Friday, is one particularly worrisome development. Surging wages come as productivity is slowing; central bankers have been counting on a productivity boom to outpace and thus offset the impact of rising wages. 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