騰訊證券訊 北京時(shí)間6月15日凌晨消息,美國聯(lián)邦公開市場(chǎng)委員會(huì)(FOMC)于美國東部時(shí)間周三下午2點(diǎn)(北京時(shí)間周四凌晨2點(diǎn))公布了貨幣政策聲明,決定將基準(zhǔn)利率上調(diào)25個(gè)基點(diǎn),至1%到1.25%的目標(biāo)區(qū)間,符合市場(chǎng)廣泛預(yù)期。這是美聯(lián)儲(chǔ)年內(nèi)第二次加息,也是2008年金融危機(jī)之后的第四次加息。
聲明還表示,聯(lián)邦公開市場(chǎng)委員會(huì)目前預(yù)計(jì)將從今年開始實(shí)施一項(xiàng)資產(chǎn)負(fù)債表正?;?jì)劃,前提是經(jīng)濟(jì)形勢(shì)的演進(jìn)發(fā)展廣泛符合預(yù)期;這項(xiàng)計(jì)劃將通過減少將來自于證券的本金付款用于再投資的方式來逐步降低美聯(lián)儲(chǔ)對(duì)那些證券的持有量。
美國聯(lián)邦公開市場(chǎng)委員會(huì)在這份聲明中指出,就業(yè)市場(chǎng)已繼續(xù)增強(qiáng),今年截至目前為止經(jīng)濟(jì)活動(dòng)一直都在溫和上升;自年初以來,就業(yè)增長(zhǎng)有所慢化,但平均而言一直都很穩(wěn)健,失業(yè)率則已有所下降;按12個(gè)月基礎(chǔ)計(jì)算的通貨膨脹最近以來有所下降,而且跟不計(jì)入糧食和能源價(jià)格的指標(biāo)一樣在某種程度上低于2%。
在此次會(huì)議上,尼爾·凱西卡瑞(Neel Kashkari)投票反對(duì)加息,他更希望在此次會(huì)議上維持現(xiàn)有的聯(lián)邦基金利率目標(biāo)區(qū)間。
以下是美聯(lián)儲(chǔ)6月份貨幣政策聲明的全文:
自聯(lián)邦公開市場(chǎng)委員會(huì)5月份召開會(huì)議以來所收到的信息表明,就業(yè)市場(chǎng)已繼續(xù)增強(qiáng),今年截至目前為止經(jīng)濟(jì)活動(dòng)一直都在溫和上升。自年初以來,就業(yè)增長(zhǎng)有所慢化,但平均而言一直都很穩(wěn)健,失業(yè)率則已有所下降。家庭支出在最近幾個(gè)月中有所改善,企業(yè)固定投資則已繼續(xù)擴(kuò)張。按12個(gè)月基礎(chǔ)計(jì)算的通貨膨脹最近以來有所下降,而且跟不計(jì)入糧食和能源價(jià)格的指標(biāo)一樣在某種程度上低于2%。整體而言,以市場(chǎng)為基礎(chǔ)的通脹補(bǔ)償指標(biāo)仍舊保持在較低水平;以調(diào)查報(bào)告為基礎(chǔ)的長(zhǎng)期通脹預(yù)期指標(biāo)則基本保持不變。
聯(lián)邦公開市場(chǎng)委員會(huì)正在依據(jù)其法定使命來尋求培育最大就業(yè)和物價(jià)穩(wěn)定。聯(lián)邦公開市場(chǎng)委員會(huì)目前預(yù)計(jì),通過逐步調(diào)整貨幣政策立場(chǎng)的方式,經(jīng)濟(jì)活動(dòng)將以穩(wěn)健的步伐擴(kuò)張,就業(yè)市場(chǎng)狀況將進(jìn)一步在某種程度上有所增強(qiáng)。按12個(gè)月基礎(chǔ)計(jì)算的通貨膨脹近期預(yù)計(jì)仍將在一定程度上低于2%,但從中期來看則將持穩(wěn)在聯(lián)邦公開市場(chǎng)委員會(huì)的2%目標(biāo)附近。經(jīng)濟(jì)前景的近期風(fēng)險(xiǎn)看似大致平衡,但聯(lián)邦公開市場(chǎng)委員會(huì)正在密切通貨膨脹的形勢(shì)發(fā)展。
考慮到已實(shí)現(xiàn)及預(yù)期的就業(yè)市場(chǎng)狀況和通貨膨脹,聯(lián)邦公開市場(chǎng)委員會(huì)決定將聯(lián)邦基金利率的目標(biāo)區(qū)間上調(diào)至1%至1.25%。貨幣政策立場(chǎng)仍將保持寬松,從而為就業(yè)市場(chǎng)狀況的進(jìn)一步加強(qiáng)和通貨膨脹持續(xù)重返2%提供支持。
為了判定聯(lián)邦基金利率目標(biāo)區(qū)間未來調(diào)整的時(shí)機(jī)選擇和規(guī)模,聯(lián)邦公開市場(chǎng)委員會(huì)將對(duì)有關(guān)其最大就業(yè)和2%通貨膨脹目標(biāo)的已實(shí)現(xiàn)和預(yù)期經(jīng)濟(jì)狀況進(jìn)行評(píng)估。這種評(píng)估將把一系列廣泛的信息考慮在內(nèi),包括有關(guān)就業(yè)市場(chǎng)狀況的指標(biāo)、通脹壓力和通脹預(yù)期指標(biāo)、以及有關(guān)金融和國際形勢(shì)發(fā)展的讀數(shù)等。聯(lián)邦公開市場(chǎng)委員會(huì)將仔細(xì)監(jiān)控與其對(duì)稱性通貨膨脹目標(biāo)相關(guān)的實(shí)際和預(yù)期將有的通貨膨脹發(fā)展形勢(shì)。聯(lián)邦公開市場(chǎng)委員會(huì)預(yù)計(jì),經(jīng)濟(jì)狀況的發(fā)展將可令其有理由逐步上調(diào)聯(lián)邦基金利率;在一段時(shí)間之內(nèi),聯(lián)邦基金利率很可能仍將保持在低于長(zhǎng)期普遍值的水平。但是,聯(lián)邦基金利率的實(shí)際道路將依賴于未來數(shù)據(jù)所表明的經(jīng)濟(jì)前景。
聯(lián)邦公開市場(chǎng)委員會(huì)將維持現(xiàn)有的政策,將來自于所持機(jī)構(gòu)債和機(jī)構(gòu)抵押貸款支持債券的本金付款再投資到機(jī)構(gòu)抵押貸款支持債券中去,在國債發(fā)售交易中對(duì)即將到期的美國國債進(jìn)行展期。聯(lián)邦公開市場(chǎng)委員會(huì)目前預(yù)計(jì)將從今年開始實(shí)施一項(xiàng)資產(chǎn)負(fù)債表正常化計(jì)劃,前提是經(jīng)濟(jì)形勢(shì)的演進(jìn)發(fā)展廣泛符合預(yù)期。這項(xiàng)計(jì)劃將通過減少將來自于證券的本金付款用于再投資的方式來逐步降低美聯(lián)儲(chǔ)對(duì)那些證券的持有量,聯(lián)邦公開市場(chǎng)委員會(huì)在附錄的“政策正常化原則和計(jì)劃”(Policy Normalization Principles and Plans)中對(duì)這項(xiàng)計(jì)劃進(jìn)行了描述。
在此次會(huì)議上投票支持聯(lián)邦公開市場(chǎng)委員會(huì)貨幣政策行動(dòng)的委員有:主席珍妮特·耶倫(Janet L. Yellen)、副主席威廉·杜德利(William C. Dudley)、萊爾·布萊恩納德(Lael Brainard)、查爾斯·埃文斯(harles L. Evans)、斯坦利·費(fèi)希爾(Stanley Fischer)、帕特里克·哈克(Patrick Harker)、羅伯特·卡普蘭(Robert S. Kaplan)和杰羅姆·鮑威爾(Jerome H. Powell)。尼爾·凱西卡瑞(Neel Kashkari)則投了反對(duì)票,他更希望在此次會(huì)議上維持現(xiàn)有的聯(lián)邦基金利率目標(biāo)區(qū)間。(星云)
美聯(lián)儲(chǔ)聲明原文:
Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have moderated but have been solid, on average, since the beginning of the year, and the unemployment rate has declined. Household spending has picked up in recent months, and business fixed investment has continued to expand. On a 12-month basis, inflation has declined recently and, like the measure excluding food and energy prices, is running somewhat below 2 percent. See Fed statement.
Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance. Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee continues to expect that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace, and labor market conditions will strengthen somewhat further. Inflation on a 12-month basis is expected to remain somewhat below 2 percent in the near term but to stabilize around the Committee’s 2 percent objective over the medium term. Near-term risks to the economic outlook appear roughly balanced, but the Committee is monitoring inflation developments closely.
In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1 to 1-? percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation. See Fed ‘dot plot’
In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments. The Committee will carefully monitor actual and expected inflation developments relative to its symmetric inflation goal. The Committee expects that economic conditions will evolve in a manner that will warrant gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run. However, the actual path of the federal funds rate will depend on the economic outlook as informed by incoming data.
The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. The Committee currently expects to begin implementing a balance sheet normalization program this year, provided that the economy evolves broadly as anticipated. This program, which would gradually reduce the Federal Reserve’s securities holdings by decreasing reinvestment of principal payments from those securities, is described in the accompanying addendum to the Committee’s Policy Normalization Principles and Plans.
Voting for the FOMC monetary policy action were: Janet L. Yellen, Chair; William C. Dudley, Vice Chairman; Lael Brainard; Charles L. Evans; Stanley Fischer; Patrick Harker; Robert S. Kaplan; and Jerome H. Powell. Voting against the action was Neel Kashkari, who preferred at this meeting to maintain the existing target range for the federal funds rate.返回騰訊網(wǎng)首頁>>
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