Why the Fed does not raise interest rates this week A picture to tell you vstart

Why the Fed does not raise interest rates this week? A map to tell you that the exposure of the Sina fund platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Fed officials this week could still decide to halt the troops and wait, they recently another reason: the Federal Reserve is not to raise interest rates, the financing environment has been significantly tightened. Bloomberg News Agency quoted the company’s Management Benchmark Intercontinental Exchange (ICE Benchmark Administration) data, three of the three-month London Interbank Offered Rate (Libor) rose to about 0.86% last month after a new high since 2009. Libor is the benchmark reference rate for the trillions of dollars of global private sector debt. It has risen to high mainly due to the financial crisis, the U.S. Securities and Exchange Commission money market new regulations come into force next month before the withdrawal of funds, a large number of high-quality money market funds. In other words, the new regulations led to the regulation of the dollar shortage". Torsten, chief international economist at Deutsche Bank, said on Monday that the withdrawal of money from the money market funds had the same effect as the Federal Reserve’s interest rate hike: tightening monetary policy, the Slok. "If the Fed is considering raising interest rates to cool the economy, it has actually happened," Slok said in a report. This proves that raising interest rates is not a good idea." "I think Libor rising interest rates the Fed is an important argument that (they) this week on the sidelines can halt the troops and wait 14 next month, the money market fund regulations take effect after short-term Libor interest rate will be maintained at the same level, or start to fall." The Slok report provides the following chart, on behalf of black figure in the high quality money market fund assets recently shrunk, while the red line represents a month earlier rising Libor. Coincidentally, IG in Melbourne, chief market strategist Chris Weston said on Monday, taking into account the dollar, Libor and Treasury yields rise, the financing environment has been tightened, the Fed would need to raise interest rates? Early last month and the end of last month, the three month Libor has been updated since 2009 the highest record. Wall Street informative article mentioned at the time, direct power Libor rose from the United States Commission October entry into force of the new regulations, the new regulations require the money market fund liquidity in before the new regulations take effect, has the following important provisions: 1) for institutional investors high-quality money market funds with a floating net asset value, no longer maintain a fixed price of $1 per unit. In order to avoid the phenomenon of large-scale redemptions and triggered turmoil in financial markets. 2) allow all money market fund fees levied liquidity in the market and the redemption pressure when setting the redemption restrictions, in order to reduce the risk of a run on money market funds. And PIMCO’s short-term portfolio management director Jerome Sdhneider is expected at the end of last month相关的主题文章: