Thursday , October 6 2022

The US economy is strong, the Fed to increase rates in December


The cost of money continues strongly, with the fourth expectation in 2018 expecting to challenge the criticism of Donald Trump


The American economy continues to grow at a fast pace. The labor market is being strengthened. And Ffed is on the course for the fourth interest rate increase in 2018, criticizing the challenge to Donald Trump.

Wall Street does not show specific responses to the possibility of a new grasp. After the rally was triggered by the American voting, he recorded American lists of low losses, with Dow Jones able to close the session up with 0.04%. Nasdaq and S & P 500 are negative, losing 0.53% and 0.25%.

At the end of the two-day meeting, this month was adjourned to Wednesday and Thursday in order not to interfere with mid-term elections, the central bank leaves interest rates unchanged in a range of between 2.00% and 2.25%, but opens the door to a new closure in December. & # 39; & # 39; The unemployment rate has declined in recent months. Household expenses have increased. Inflation is about 2%. The risks to the prospects appear to be balanced ", notes the Fed, depicting" further gradual scale campaigns ".

The Fed has raised the cost of eight times in the current economic cycle, and a new increase is expected at the meeting on the 18th and 19th of December. According to analysts, in fact, there is a 81% chance that the central bank will rise next month rates despite the criticism of Trump and the commercial war with China. The president of the United States accused the Fed from being out of control, calling it a "greatest threat". Critics rejected by the central bank who, without going directly to the qualities, repeated several times to be " out of the political process & # 39; & # 39; and to try and continue to do what is right for the economy. The bike of the increases in which the Fed is committed continues, despite the criticism, carefully and we can not see acceleration in the horizon.

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