{"id":39365,"date":"2021-01-04T21:44:23","date_gmt":"2021-01-04T17:44:23","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39365"},"modified":"2021-01-04T21:44:24","modified_gmt":"2021-01-04T17:44:24","slug":"evans-indicates-feds-easy-policy-will-continue","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/evans-indicates-feds-easy-policy-will-continue\/01\/04\/market-updates\/","title":{"rendered":"Evans Indicates Fed\u2019s Easy Policy Will Continue"},"content":{"rendered":"\n<p>The President of the Federal Reserve Bank of Chicago, Charles Evans, on Monday, said that the Fed remains in need of maintaining its accommodative policy for the near future, Reuters reported.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cTo meet our objectives and manage risks, the Fed\u2019s policy stance will have to be accommodative for quite a while.\u201d<\/p><p>\u201cEconomic agents should be prepared for a period of very low interest rates and an expansion of our balance sheet as we work to achieve both our dual mandate objectives.\u201d<\/p><\/blockquote>\n\n\n\n<p>In addition, the Fed\u2019s bond-buying and the low-interest rates are set to continue, until the economy recovers from the pandemic and the current subsidies are no longer needed.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cIt looks like the health crisis will be brought under control as we move through the year.\u201d<\/p><p>\u201cIt likely will take years to get average inflation up to 2 percent, which means monetary policy will be accommodative for a long time.\u201d<\/p><p>\u201cThis translates into low-for-long policy rates, and indicates that the Fed likely will be continuing our current asset purchase program for a while as well.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The President of the Federal Reserve Bank of Chicago, Charles Evans, on Monday, said that the Fed remains in need of maintaining its accommodative policy for the near future, Reuters reported. \u201cTo meet our objectives and manage risks, the Fed\u2019s policy stance will have to be accommodative for quite a while.\u201d\u201cEconomic agents should be prepared &hellip;<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6885],"class_list":["post-39365","post","type-post","status-publish","format-standard","","category-market-updates","tag-fed"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=39365"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39365\/revisions"}],"predecessor-version":[{"id":39366,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39365\/revisions\/39366"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}