Do not run the tapering, the US economy is predicted to be even darker

Report by Tribunnews.com journalist, Yanuvar Risky Yovanda

TRIBUNNEWS.COM Jakarta – The results of the Federal Open Market Committee (FOMC) meeting decided to maintain the key interest rate from 0 percent to 0.25 percent.

The Central Bank or the Central Bank of the United States (US) has promised to continue its bond purchase program (size easing).

“The easing of the central bank will allow the economy and the labor market to fully recover from the impact of the Govt-19 epidemic,” Capital Markets Observer Hans Que said on Monday (1/2/2021).

Hans explained that the central bank currently buys $ 80 billion a month in US government bonds and $ 40 billion in mortgage-based bonds.

Also read: The sharp decline in economic growth after World War II, even the United States crashed?

“The Fed did not mean to slow down typing or easing. The Fed commented on a darker economic outlook as the economic recovery slows,” he said.

Also read: Donald Trump appoints two new lawyers ahead of Senate indictment

The current economic recovery depends on the release of the COV-19 vaccine, but implementation is currently slow in many countries.

“This is a negative sentiment for the financial markets,” Hans Que concluded.

READ  Should cyber attack become our cyber security?

You May Also Like

About the Author: Halbert Geis

"Coffee fanatic. Friendly zombie aficionado. Devoted pop culture practitioner. Evil travel advocate. Typical organizer."

Leave a Reply

Your email address will not be published. Required fields are marked *