日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Fed officials see recession in all but name

(Agencies)
Updated: 2008-04-17 08:15

Yellen, who is not an FOMC voting member this year, said the slowing economy will serve as a brake on inflation over time, and looked for core prices to return to a 2 percent pace of annual increase over the next years.

Still, she said the Fed must be careful not to lower rates more than needed in the current easing cycle, saying, "Inflation is a problem."

Although core inflation has stabilized in the past two months, Yellen said price stability cannot be achieved unless headline price pressures, which include food and energy, subside as well.

"The Fed cares about total inflation," she said.

The headline consumer price index rose by 0.3 percent in March for a year-on-year advance of 4 percent, according to data released on Wednesday.

The Fed's focus on core inflation assumes that food and energy prices will not keep rising relentlessly, Yellen said.

Plosser termed crude oil prices, which traded above $115 per barrel for the first time on Wednesday, "extraordinarily high."

MISSION NOT YET ACCOMPLISHED

Speaking aboard the aircraft carrier USS Hornet, Yellen was far from declaring "mission accomplished" for the Fed's efforts to shield the economy from turmoil related to the collapse of the subprime mortgage market and decline in housing prices.

Still, she said the FOMC had taken "significant steps" since September in pushing the federal funds rate down to 2.25 percent from 5.25 percent, and that monetary and fiscal stimulus should boost the economy in the second half.

The FOMC meets on April 29-30 to consider its next move on interest rates.

Financial markets anticipate a one-quarter percentage point cut in the federal funds rate, to 2 percent. Earlier this month bets were divided between a one-quarter-point ease and a bolder, half-point cut.

Yellen told reporters that the shift in market expectations probably reflected the view that financial conditions have stabilized somewhat since the last FOMC meeting in March.

Mishkin told the Senate Small Business Committee the Fed is taking steps beyond movements in lending rates.

The Fed is "continually looking at steps to make the markets function better" and has been "quite creative in terms of the steps we've taken so far," he said.

 

   1 2   


Top World News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 手机看片日韩福利 | 偷拍亚洲综合 | 亚洲色图19p | 自拍偷拍第3页 | 一区二区三区免费视频观看 | 亚洲精品久久久蜜桃 | 91美女在线 | 欧美日韩综合视频 | 黄色av免费看 | 亚洲精品综合在线 | 国产毛片视频 | 欧美影院一区 | 美女精品一区 | 男人操女人的视频网站 | a久久久久| 国产精品国产三级国产a | www.av色 | 97视频免费观看 | 日韩免费专区 | 黄色一级片免费观看 | 香蕉视频在线观看网站 | 日韩成人精品一区 | 你懂的网址在线观看 | 日韩精品在线观看视频 | 日韩在线观看视频免费 | 色综合五月天 | 午夜在线观看视频网站 | 狠狠淫 | 国产一级视频在线 | 自拍亚洲国产 | 午夜tv影院| 日韩中文字幕一区 | 天堂综合网 | wwwxxx国产| 日韩精品久久久久久久的张开腿让 | 成人午夜免费福利视频 | 欧美一区二区三区婷婷月色 | 亚洲免费在线视频观看 | 久久国产综合 | 成年人黄色大片 | 国产小视频免费观看 |