The Federal Reserve issued a statement after the monetary policy meeting that day, saying that although the hurricane caused losses in some parts of the United States, the US job market continued to improve and the economy maintained steady growth. The statement said that the impact of hurricanes on economic activities, employment and inflation is short-term, and the moderate growth momentum of the US economy will not change in the medium term.
The statement said that the Fed believes that the risks facing the US economy are roughly balanced in the short term, and reiterated that it will pay close attention to inflation. The statement stressed that the Fed will continue to gradually raise interest rates.
The statement said that the balance sheet reduction plan launched in June 5438+00 is still continuing.
Analysts pointed out that although hurricanes Harvey and Elma have caused heavy losses to economic activities in some parts of the United States, the Fed's judgment on the overall economic situation in the United States is still optimistic, and there is no obvious change from the judgment in September, which indicates that the Fed may raise interest rates again in 65438+February.
The term of Federal Reserve Chairman Yellen will end in February next year. US President Donald Trump 1 said that he would announce the next chairman of the Federal Reserve on the 2nd. According to American media reports, Federal Reserve Governor Jerome Powell is a popular candidate.