1. LINE

      Text:AAAPrint
      Economy

      Federal Reserve leaves interest rate unchanged

      1
      2015-09-18 09:08Xinhua Editor: Mo Hong'e

      The Federal Reserve on Thursday kept its benchmark interest rate unchanged, according to a statement released by the U.S. central bank after a two-day monetary policy meeting.

      It will assess both realized and expected progress toward its objective of maximum employment and 2 percent inflation in its consideration of when to raise the benchmark interest rate, the statement said.

      The economic activity is expanding at moderate rate with labor market approaching maximum employment but inflation staying muted, it added.

      Fed officials expected the recent global financial market volatility and slower global growth will further put downward pressure on the inflation level, while the U.S. economic outlook remains stable.

      According to economic projections released on Thursday, the Fed officials upgraded their forecast for this year's economic growth to 2.1 percent from their June's forecast of 1.9 percent. The forecast for longer run unemployment rate, a level where the Fed officials consider as full employment, is lowered to 4.9 percent from their June forecast of 5 percent.

      However, in light of the heightened uncertainties abroad and a slightly softer expected path for inflation, the Fed judged it appropriate to wait for more evidence, including some further improvement in the labor market to bolster its confidence that inflation will rise to 2 percent in the medium term, Fed Chair Janet Yellen said at a press conference after the meeting.

      The Fed still leaves door open to a rate hike sometime this year.

      Most Fed officials still expect a first rate increase this year, Yellen said, noting that 13 out of the 17 Federal Reserve Board members and Federal Reserve Bank presidents are looking for a move in 2015.

      Yellen reiterated that market should pay less attention to the timing of the first interest rate increase and more attention to the expected path of rates. "The stance of monetary policy will likely remain highly accommodative for quite some time after the initial increase in the federal funds rate," she said.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 99久久精品日本一区二区免费| 中文字幕免费在线看电影大全 | 亚洲人成7777| 国产妇乱子伦视频免费| 亚洲高清资源在线观看| 亚洲视频免费播放| 亚洲一区二区三区91| 亚欧在线精品免费观看一区| 亚洲理论精品午夜电影| 国产精品免费观看调教网| 亚洲欧洲日韩国产综合在线二区| 99re6在线视频精品免费下载| 亚洲视频在线播放| 国内精品乱码卡1卡2卡3免费| 国产人成亚洲第一网站在线播放| 国产高清免费视频| 亚洲人成77777在线观看网| 成年女人毛片免费播放人| 久久久久久亚洲av无码蜜芽| 免费不卡中文字幕在线| 三根一起会坏掉的好痛免费三级全黄的视频在线观看 | 国产免费无遮挡精品视频| 国产精品亚洲va在线观看| 亚洲中久无码不卡永久在线观看| 日韩免费高清播放器| 亚洲五月六月丁香激情| 女人18毛片水最多免费观看 | 嫩草在线视频www免费观看| 亚洲视频一区网站| 国产一区二区视频免费| 成人毛片100免费观看| 亚洲白色白色在线播放| 国产中文字幕免费观看| 四虎国产精品免费永久在线| 亚洲一级大黄大色毛片| 国产精品亚洲综合一区| 天天影院成人免费观看| 免费一级做a爰片久久毛片潮| 亚洲免费视频在线观看| 四虎影院永久免费观看| 免费A级毛片无码视频|