JP Morgan chase CEO the Fed should raise interest rates 9c8814

JP Morgan chase CEO: the Fed’s interest rate increase in the exposure of the Sina fund platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! The same and hawkish Fed officials, by assets, the largest U.S. bank JP Morgan, head of Damon (Jamie Dimon) also believes that the interest rate hike sooner. ‘it’s time for the fed to raise interest rates,’ he said. Local time Monday, Damon in during the business and political leaders forum Economic Club in New York said: "we hike. The Fed must maintain credibility. I think it’s time to raise interest rates. Normalization is a good thing, not a bad thing. (interest rate) is a good thing to return to normal." He also said, in his opinion, the Fed rate hike of 25 basis points on Wall Street will only "a drop in the bucket", suggesting that the market will not have a negative reaction to the Fed easing monetary end. Damon said, the specific interest rate hike is left to the Fed, but also made it clear that "I would rather earlier than later is." In late June this year, the British referendum decided to retire from Europe, remain vigilant Damon, think this could "collapse" the euro zone, then may have disastrous consequences. Despite the Fed’s earlier action to Damon, later that day a Fed officials were still cautious in his speech. Federal Reserve Board has long term voting rights of the Fed chairman Lael Brainard said, should not raise interest rates too fast. Although the U.S. economy is making progress, but the fed to maintain accommodative policy is smart". Brainard believes that further improvement in the labor market to the impact of inflation is mild and slow, so early tightening of monetary policy is not appropriate. Currently the United States inflation in the doldrums, the future development of the situation there is uncertainty, indicating that the issue should be cautious in easing exit. After the end of the Brainard partial dovish speech, the three major stock indexes closed up more than $1% on the same day, the Dow Jones Industrial Average closed up more than 200 points. U.S. dollar index weakness, the United States debt prices upward, 10 year U.S. bond yields fell more than three months since the high. After the Wall Street informative article mentioned, because Brainard has always been regarded as one of the most dovish Fed officials, there are analysts believe that she is more cautious stance on the market impact will not be too large. The Chicago Mercantile Exchange (CME) according to the U.S. federal funds futures produced "the Fed’s observation tool shows that the market expects the fed to raise interest rates in September this year, the probability of only 15%, in December this year, the probability of rate hikes is slightly higher than 50%, 55.5%. Enter the Sina financial stocks] discussion相关的主题文章: