The Fed must walk a fine line Wednesday as financial markets hang in the balance

67
27
Favorite

The Fed must walk a fine line Wednesday as financial markets hang in the balance

cnbc2021-03-17

KEY POINTS The Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates. However, Bank of America said the meeting will be “one of the most ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（27）

AS78
·2021-03-17
Please keep interest rate at 0
Reply
Like
Report
Player89
·2021-03-17
Wow
Reply
1
Report
Fold Replies
- DenDenBear:
  Wow
  2021-03-18
  Reply
  Report
- DenDenBear:
  Comment like repost. Thanks
  2021-03-18
  Reply
  Report
- DenDenBear:
  Yea
  2021-11-26
  Reply
  Report
View more 1 comments
DenDenBear
·2021-03-17
Wow
Reply
2
Report
YL95
·2021-03-17
Hi
Reply
Like
Report
LimLS
·2021-03-17
Green for last few days. Just another reason for red regardless of what Powell going to say later
Reply
Like
Report
GodSpeed180
·2021-03-17
Anybody know what time is the announcement?
Reply
Like
Report
股你怕么
·2021-03-17
Good lo
Reply
1
Report
Fold Replies
- 股你怕么:
  all in
  2021-03-17
  Reply
  Report
- UTOtrader:
  show hand citigroup
  2021-03-17
  Reply
  Report
Changsheng
·2021-03-17
Relax
Reply
1
Report
UTOtrader
·2021-03-17
I give u thick line. buy buy buy, like n follow
Reply
2
Report
Fold Replies
- UTOtrader:
  buy buy buy citigroup buy buy buy, like n follow
  2021-03-17
  Reply
  Report
Ajinomoto
·2021-03-17
Inflation can come later.
Reply
2
Report
Fold Replies
- diggydog:
  true??
  2021-03-17
  Reply
  Report
Jayvenlkj
·2021-03-17
Will there be another dip tonight..?
Reply
1
Report
YCLim
·2021-03-17
@JKGan @EugeneLimYCvolatile night. Can buy if got fund
Reply
2
Report
Fold Replies
- EugeneLimYC:
  Good
  2021-03-18
  Reply
  Report
- JKGan:
  Good
  2021-03-17
  Reply
  Report
Juvie
·2021-03-17
buy the dip
Reply
2
Report
Nas83
·2021-03-17
Wo em cai
Reply
Like
Report
Desmond_Ong
·2021-03-17
Dovish but rates may or may not go up
Reply
Like
Report
虎旺猪
·2021-03-17
Don't understand
Reply
Like
Report
xiaochan
·2021-03-17
Buy!!
Reply
Like
Report
35a510b1
·2021-03-17
Like n comment thanks
Reply
1
Report
Fold Replies
- rachelicing:
  same here
  2021-03-22
  Reply
  Report
- ShenSiang:
  Comment please
  2021-03-17
  Reply
  Report
Mesh
·2021-03-17
Ok aure
Reply
3
Report
IamBolt
·2021-03-17
Like and comment
Reply
5
Report
Fold Replies
- TemasekHodl:
  Done, Comment back
  2021-03-17
  Reply
  Report
- Mesh:
  Ok Done
  2021-03-17
  Reply
  Report
- Fredwkh:
  Comment
  2021-03-17
  Reply
  Report
View more 2 comments

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1110379286?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-17 08:39","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1110379286","market":"us","top_or_hot":-1,"title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","media":"cnbc","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","article_id":"1110379286","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","pubTimestamp":1615941542,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"translate_title":"周三，由于金融市场岌岌可危，美联储必须谨慎行事","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":324851878,"gmtCreate":1615985290094,"gmtModify":1704789314994,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"htmlText":"Please keep interest rate at 0","listText":"Please keep interest rate at 0","text":"Please keep interest rate at 0","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324851878","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324862783,"gmtCreate":1615983903542,"gmtModify":1704789291291,"author":{"id":"3576131954156593","authorId":"3576131954156593","name":"Player89","avatar":"https://static.tigerbbs.com/952964f743b5c0820289d8d8528135c3","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3576131954156593","authorIdStr":"3576131954156593"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/324862783","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3827952,"gmtCreate":1616077645349,"gmtModify":1680780882076,"authorId":3576147606699436,"author":{"id":3576147606699436,"idStr":"3576147606699436","authorId":3576147606699436,"name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324862783,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"},{"id":3827946,"gmtCreate":1616077601462,"gmtModify":1680780881304,"authorId":3576147606699436,"author":{"id":3576147606699436,"idStr":"3576147606699436","authorId":3576147606699436,"name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324862783,"type":1,"supId":0,"prevId":0,"content":"Comment like repost. Thanks","text":"Comment like repost. Thanks","html":"Comment like repost. Thanks"},{"id":6731311,"gmtCreate":1637912089372,"gmtModify":1663237595435,"authorId":3576147606699436,"author":{"id":3576147606699436,"idStr":"3576147606699436","authorId":3576147606699436,"name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324862783,"type":1,"supId":3827952,"prevId":0,"content":"Yea","text":"Yea","html":"Yea"},{"id":6685836,"gmtCreate":1637626956513,"gmtModify":1637626956513,"authorId":3576131954156593,"author":{"id":3576131954156593,"idStr":"3576131954156593","authorId":3576131954156593,"name":"Player89","avatar":"https://static.tigerbbs.com/952964f743b5c0820289d8d8528135c3","vip":1,"currentWearingBadge":{"badgeId":"3e5a625780d3411098f7e72115f69f0a-1","templateUuid":"3e5a625780d3411098f7e72115f69f0a","name":"Total trades","description":"Cumulative for 100 trades","bigImgUrl":"https://community-static.tradeup.com/news/f6040a65e0c6e125e4dcfe0101de45ee","smallImgUrl":"https://community-static.tradeup.com/news/f803dba33fef1aa87b64be09f4f064ee","grayImgUrl":"https://community-static.tradeup.com/news/5dfa45d4a1e98a2d8c2e1b4253ddd916","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.06","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324862783,"type":1,"supId":3827952,"prevId":0,"content":"Yo","text":"Yo","html":"Yo"}],"langContent":"EN"},{"id":324862264,"gmtCreate":1615983863658,"gmtModify":1704789290800,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324862264","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324861289,"gmtCreate":1615983583241,"gmtModify":1704789286690,"author":{"id":"3577244352238893","authorId":"3577244352238893","name":"YL95","avatar":"https://static.tigerbbs.com/8b86b6471f22878b3b18e813fd7a14e2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3577244352238893","authorIdStr":"3577244352238893"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324861289","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324830905,"gmtCreate":1615980674507,"gmtModify":1704789238163,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3572923586954779","authorIdStr":"3572923586954779"},"htmlText":"Green for last few days. Just another reason for red regardless of what Powell going to say later","listText":"Green for last few days. Just another reason for red regardless of what Powell going to say later","text":"Green for last few days. Just another reason for red regardless of what Powell going to say later","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324830905","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324897601,"gmtCreate":1615980620003,"gmtModify":1704789237175,"author":{"id":"3570948444935403","authorId":"3570948444935403","name":"GodSpeed180","avatar":"https://static.tigerbbs.com/b57ccc5a9fb5e63c0dc446e6c5d46d1f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3570948444935403","authorIdStr":"3570948444935403"},"htmlText":"Anybody know what time is the announcement?&nbsp;","listText":"Anybody know what time is the announcement?&nbsp;","text":"Anybody know what time is the announcement?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324897601","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324892057,"gmtCreate":1615980320779,"gmtModify":1704789232296,"author":{"id":"3576816969360521","authorId":"3576816969360521","name":"股你怕么","avatar":"https://static.tigerbbs.com/ea4af6f5bc52855706c4d530b3901e85","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576816969360521","authorIdStr":"3576816969360521"},"htmlText":"Good lo","listText":"Good lo","text":"Good lo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324892057","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3816867,"gmtCreate":1615980342472,"gmtModify":1680780713645,"authorId":3576816969360521,"author":{"id":3576816969360521,"idStr":"3576816969360521","authorId":3576816969360521,"name":"股你怕么","avatar":"https://static.tigerbbs.com/ea4af6f5bc52855706c4d530b3901e85","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324892057,"type":1,"supId":0,"prevId":0,"content":"all <u>in</u>","text":"all <u>in</u>","html":"all <u>in</u>"},{"id":3816914,"gmtCreate":1615980761496,"gmtModify":1680780709627,"authorId":3574547619690492,"author":{"id":3574547619690492,"idStr":"3574547619690492","authorId":3574547619690492,"name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.24%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324892057,"type":1,"supId":0,"prevId":0,"content":"show hand citigroup","text":"show hand citigroup","html":"show hand citigroup"}],"langContent":"EN"},{"id":324896566,"gmtCreate":1615980305755,"gmtModify":1704789231971,"author":{"id":"3576305983294604","authorId":"3576305983294604","name":"Changsheng","avatar":"https://static.tigerbbs.com/5ce0489fe69c5ba630272c5309bb0379","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576305983294604","authorIdStr":"3576305983294604"},"htmlText":"Relax","listText":"Relax","text":"Relax","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324896566","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324890371,"gmtCreate":1615979931993,"gmtModify":1704789224612,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"I give u thick line. buy buy buy, like n follow","listText":"I give u thick line. buy buy buy, like n follow","text":"I give u thick line. buy buy buy, like n follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324890371","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3816975,"gmtCreate":1615981295029,"gmtModify":1680780712495,"authorId":3574547619690492,"author":{"id":3574547619690492,"idStr":"3574547619690492","authorId":3574547619690492,"name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.24%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324890371,"type":1,"supId":0,"prevId":0,"content":"buy buy buy citigroup buy buy buy, like n <u>follow</u>","text":"buy buy buy citigroup buy buy buy, like n <u>follow</u>","html":"buy buy buy citigroup buy buy buy, like n <u>follow</u>"}],"langContent":"EN"},{"id":324806992,"gmtCreate":1615979459316,"gmtModify":1704789216993,"author":{"id":"3577082443804507","authorId":"3577082443804507","name":"Ajinomoto","avatar":"https://static.tigerbbs.com/2cf9b6c2dc1db3b2efff9a5448092468","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577082443804507","authorIdStr":"3577082443804507"},"htmlText":"Inflation can come later.&nbsp;","listText":"Inflation can come later.&nbsp;","text":"Inflation can come later.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324806992","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3816959,"gmtCreate":1615981164728,"gmtModify":1680780712251,"authorId":3575091423649914,"author":{"id":3575091423649914,"idStr":"3575091423649914","authorId":3575091423649914,"name":"diggydog","avatar":"https://community-static.tradeup.com/news/476e481044aa54d1d955e8bc4b856dd4","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.29","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324806992,"type":1,"supId":0,"prevId":0,"content":"true??","text":"true??","html":"true??"}],"langContent":"EN"},{"id":324803234,"gmtCreate":1615979325428,"gmtModify":1704789213256,"author":{"id":"3573461203281283","authorId":"3573461203281283","name":"Jayvenlkj","avatar":"https://static.tigerbbs.com/d2a97ef6c7d876b17ae53fdf8c9fbb85","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573461203281283","authorIdStr":"3573461203281283"},"htmlText":"Will there be another dip tonight..?","listText":"Will there be another dip tonight..?","text":"Will there be another dip tonight..?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324803234","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324803397,"gmtCreate":1615979291719,"gmtModify":1704789212609,"author":{"id":"3570854002442844","authorId":"3570854002442844","name":"YCLim","avatar":"https://community-static.tradeup.com/news/f8f1fe40879e998d6b05894eec399e51","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1,"idStr":"3570854002442844","authorIdStr":"3570854002442844"},"htmlText":"<a href=\"https://laohu8.com/U/3577494759333904\">@JKGan</a><a href=\"https://laohu8.com/U/3576887048218286\">@EugeneLimYC</a>volatile night. Can buy if got fund","listText":"<a href=\"https://laohu8.com/U/3577494759333904\">@JKGan</a><a href=\"https://laohu8.com/U/3576887048218286\">@EugeneLimYC</a>volatile night. Can buy if got fund","text":"@JKGan@EugeneLimYCvolatile night. Can buy if got fund","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324803397","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3819510,"gmtCreate":1615996810818,"gmtModify":1680780751713,"authorId":3576887048218286,"author":{"id":3576887048218286,"idStr":"3576887048218286","authorId":3576887048218286,"name":"EugeneLimYC","avatar":"https://static.tigerbbs.com/973b9eb2ea1dc6b52fa8728190af3ffb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324803397,"type":1,"supId":0,"prevId":0,"content":"Good ","text":"Good ","html":"Good "},{"id":3819508,"gmtCreate":1615996799141,"gmtModify":1680780748553,"authorId":3577494759333904,"author":{"id":3577494759333904,"idStr":"3577494759333904","authorId":3577494759333904,"name":"JKGan","avatar":"https://static.tigerbbs.com/918b0f86622cedc2f23e00ebe3ce6924","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"93.90%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324803397,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"},{"id":324800796,"gmtCreate":1615979216315,"gmtModify":1704789211640,"author":{"id":"3578559022708914","authorId":"3578559022708914","name":"Juvie","avatar":"https://static.tigerbbs.com/9174cf1baa02042e82114235e72d7246","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":0,"idStr":"3578559022708914","authorIdStr":"3578559022708914"},"htmlText":"buy the dip","listText":"buy the dip","text":"buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324800796","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324800552,"gmtCreate":1615979199476,"gmtModify":1704789210187,"author":{"id":"3576046036440507","authorId":"3576046036440507","name":"Nas83","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576046036440507","authorIdStr":"3576046036440507"},"htmlText":"Wo em cai","listText":"Wo em cai","text":"Wo em cai","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324800552","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324175248,"gmtCreate":1615979037384,"gmtModify":1704789206921,"author":{"id":"3571800826907519","authorId":"3571800826907519","name":"Desmond_Ong","avatar":"https://static.tigerbbs.com/75a63a0c5d781909391af1cc4235de18","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571800826907519","authorIdStr":"3571800826907519"},"htmlText":"Dovish but rates may or may not go up","listText":"Dovish but rates may or may not go up","text":"Dovish but rates may or may not go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324175248","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324086321,"gmtCreate":1615943966363,"gmtModify":1704788728007,"author":{"id":"3566383397179750","authorId":"3566383397179750","name":"虎旺猪","avatar":"https://community-static.tradeup.com/news/d7d190c4f973b8800a3e92fda5c0eff5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566383397179750","authorIdStr":"3566383397179750"},"htmlText":"Don't understand","listText":"Don't understand","text":"Don't understand","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324086321","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324012338,"gmtCreate":1615943389724,"gmtModify":1704788716996,"author":{"id":"3570343633899015","authorId":"3570343633899015","name":"xiaochan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570343633899015","authorIdStr":"3570343633899015"},"htmlText":"Buy!!","listText":"Buy!!","text":"Buy!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324012338","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324036951,"gmtCreate":1615942759673,"gmtModify":1704788701947,"author":{"id":"3566178178524951","authorId":"3566178178524951","name":"35a510b1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566178178524951","authorIdStr":"3566178178524951"},"htmlText":"Like n comment thanks","listText":"Like n comment thanks","text":"Like n comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324036951","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3848508,"gmtCreate":1616370750363,"gmtModify":1680781194587,"authorId":3574937002842984,"author":{"id":3574937002842984,"idStr":"3574937002842984","authorId":3574937002842984,"name":"rachelicing","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324036951,"type":1,"supId":0,"prevId":0,"content":"same <u>here</u>","text":"same <u>here</u>","html":"same <u>here</u>"},{"id":3812783,"gmtCreate":1615942958735,"gmtModify":1680780651216,"authorId":3571199921041604,"author":{"id":3571199921041604,"idStr":"3571199921041604","authorId":3571199921041604,"name":"ShenSiang","avatar":"https://static.tigerbbs.com/1f4f1e93da6d6ca9664728e4cfc578bb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324036951,"type":1,"supId":0,"prevId":0,"content":"Comment please","text":"Comment please","html":"Comment please"}],"langContent":"EN"},{"id":324098220,"gmtCreate":1615942041560,"gmtModify":1704788687131,"author":{"id":"3576108908706138","authorId":"3576108908706138","name":"Mesh","avatar":"https://static.tigerbbs.com/d4ef12e03b9e11be579123cb9d4208f9","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3576108908706138","authorIdStr":"3576108908706138"},"htmlText":"Ok aure","listText":"Ok aure","text":"Ok aure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324098220","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324098154,"gmtCreate":1615942028678,"gmtModify":1704788686141,"author":{"id":"3577616645019427","authorId":"3577616645019427","name":"IamBolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3577616645019427","authorIdStr":"3577616645019427"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/324098154","repostId":1110379286,"repostType":4,"repost":{"id":"1110379286","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3812688,"gmtCreate":1615942331736,"gmtModify":1680780649858,"authorId":3575875627318890,"author":{"id":3575875627318890,"idStr":"3575875627318890","authorId":3575875627318890,"name":"TemasekHodl","avatar":"https://static.tigerbbs.com/daf0f0cedc45f1f983d55640fafb8b6d","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.06","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324098154,"type":1,"supId":3812664,"prevId":0,"content":"Done, Comment back ","text":"Done, Comment back ","html":"Done, Comment back "},{"id":3812664,"gmtCreate":1615942140063,"gmtModify":1680780649766,"authorId":3576108908706138,"author":{"id":3576108908706138,"idStr":"3576108908706138","authorId":3576108908706138,"name":"Mesh","avatar":"https://static.tigerbbs.com/d4ef12e03b9e11be579123cb9d4208f9","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.51%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324098154,"type":1,"supId":0,"prevId":0,"content":"Ok Done","text":"Ok Done","html":"Ok Done"},{"id":3812828,"gmtCreate":1615943256540,"gmtModify":1680780649356,"authorId":3570424148942091,"author":{"id":3570424148942091,"idStr":"3570424148942091","authorId":3570424148942091,"name":"Fredwkh","avatar":"https://static.tigerbbs.com/301d103aff8ff9955978aa630ee85588","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324098154,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"},{"id":3812661,"gmtCreate":1615942114704,"gmtModify":1680780648808,"authorId":3576326025007657,"author":{"id":3576326025007657,"idStr":"3576326025007657","authorId":3576326025007657,"name":"Carolir","avatar":"https://static.tigerbbs.com/7336f44d3eff2834f40e92f17d72ed7e","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.11","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324098154,"type":1,"supId":0,"prevId":0,"content":".","text":".","html":"."},{"id":3812746,"gmtCreate":1615942779075,"gmtModify":1680780648048,"authorId":3566178178524951,"author":{"id":3566178178524951,"idStr":"3566178178524951","authorId":3566178178524951,"name":"35a510b1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324098154,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":67,"commentSize":27,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}