Baghdad follow up the morning
waiting for specialists to the global economy with concern the Federal Reserve's decision on interest of the importance of this decision in relation to a lot of economic activity.
The US economy affected began with growing investor concerns as a result of speculation about the decision to raise the interest rate was US stock indexes fell in early trading on Monday to record losses.
fell the Dow Jones industrial average by about 200 points to 17710 points, while the decline in NASDAQ index (- 62 points) to 5085 points, as they fell to the S & P index of 500 (- 24 points) to 2075 points.
The increased investors' concerns about the President's remarks Fed «Janet Yellen» which indicated to improve the performance of the US economy and the possibility of a rate hike in December next meeting, especially after the monthly jobs report, which showed adding the US economy 271 thousand jobs in October and the unemployment rate dropped to its lowest level in seven years at 5 percent.
It is specialists who support raising interest John Williams, president of «federal» in San Francisco, who said on Saturday he: Now, where the United States is about to achieve the maximum rate of employment and the possibility of high inflation to the target levels, the step following should be the start of price increases interest rates gradually.
Williams said in prepared remarks to delivered before the Council of Arizona on economic education: I expect we'll get the maximum from our mandate with regard to employment in the near future as I am increasingly confident that inflation will return gradually to a level that Nstahedvh which is two percent.
He added: then it makes sense to begin to gradually abandon the extraordinary stimulus measures that have been used on it.
According to these statements that Williams tends to favor a rate hike in December. The Federal Reserve has kept interest rates at almost zero to seven years, the central bank said last month it would consider increasing interest rates at its meeting on 15 and 16 December.
He also showed a Reuters poll of the views of senior's customers bond expect an increasing number of higher borrowing costs next month with the expectation 15 of 17 an increase.
For his part, told the Federal Member Lockhart, pointing out that the date of a rate hike had approached, but nevertheless will remain dependent on economic data.
Lockhart stressed that the current situation is good to be submitted soon, Charles committee member in «Fed also said »that he is not prepared to vote against raising
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