{"id":60971,"date":"2022-02-25T20:39:48","date_gmt":"2022-02-25T16:39:48","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=60971"},"modified":"2022-02-25T20:39:55","modified_gmt":"2022-02-25T16:39:55","slug":"mpr-expects-fed-will-soon-raise-ffr-target-range","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/mpr-expects-fed-will-soon-raise-ffr-target-range\/02\/25\/market-updates\/","title":{"rendered":"MPR Expects Fed will soon raise FFR target range"},"content":{"rendered":"\n<p>The US Federal Reserve on Friday released its semiannual Monetary Policy Report (MPR), which it normally does one week ahead of Fed Chair Jerome Powell&#8217;s semiannual testimony before the US Congress. The report reiterated the Fed&#8217;s policy guidance that it will soon be appropriate to raise the target range for the Federal Funds rate. <br><br><strong>Additional Quotes: <br><\/strong><br>With Omicron cases having declined sharply since mid-January, the US slowdown is expected to be brief. <br>The FOMC expects it will soon be appropriate to raise the target range for the federal funds rate. <br>Inflation readings over the second half of the year suggested that broader-based inflationary pressures had taken hold.<br>Recent geopolitical tensions related to the Russia\u2013Ukraine situation are a source of uncertainty in global financial and commodity markets.<br>Upward pressure on inflation from prices of goods experiencing both supply chain bottlenecks and strong demand, such as motor vehicles and furniture, has persisted.<\/p>\n\n\n\n<p><br>The Fed continues to evaluate the potential systemic risks posed by hedge funds and digital assets and is closely monitoring the transition away from LIBOR. <\/p>\n\n\n\n<p><br>A wide range of indicators have been pointing to a very tight labour market.<\/p>\n\n\n\n<p><br>The share of categories seeing price increases of 3% or more is above 60% but still below the share seen in the 1970s.<\/p>\n\n\n\n<p><br>It is too early to tell what the ultimate effect of the pandemic will be on productivity growth in the coming years. <\/p>\n\n\n\n<p><br>Share of higher inflation in services in recent months likely in part due to labour market inflation pressures. <\/p>\n\n\n\n<p><br>With appropriate policy, inflation is expected to decline over the course of the year as supply constraints ease and demand moderates.<\/p>\n\n\n\n<p><br>Geopolitical tensions with Russia have also contributed to higher energy prices, including oil and natural gas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Federal Reserve on Friday released its semiannual Monetary Policy Report (MPR), which it normally does one week ahead of Fed Chair Jerome Powell&#8217;s semiannual testimony before the US Congress. The report reiterated the Fed&#8217;s policy guidance that it will soon be appropriate to raise the target range for the Federal Funds rate. Additional &hellip;<\/p>\n","protected":false},"author":13,"featured_media":55407,"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":[37,36],"tags":[7903,6885,8942,7163,7580,8943,8854,8944],"class_list":["post-60971","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-economic-growth","tag-fed","tag-ffr","tag-jerome-powell","tag-monetary-policy","tag-mpr","tag-russian-invasion-of-ukraine","tag-us-congress"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60971","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=60971"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60971\/revisions"}],"predecessor-version":[{"id":60975,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60971\/revisions\/60975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/55407"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=60971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=60971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=60971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}