1 Fed Monetary Policy Report Flags Solid Economy, Raised Markets
jarrod96m63152 edited this page 2 months ago


Fed policy report flags solid economy, uncertain policy outlook

Fed notes stabilized and strong task market

Report flags raised monetary appraisal levels

(Adds talk about efficiency, Fed policy rules)

By Michael S. Derby

Feb 7 (Reuters) - The Federal Reserve's newest Monetary Policy Report to Congress, released on Friday, was positive about the state of the economy but alerted about some concerning aspects of the monetary system.

The report, which comes ahead of next week's testament before Congress by Fed Chair Jerome Powell, said main bank authorities remain dedicated to getting inflation back to 2% and kept in mind that when it pertains to rate of interest policy modifications officials "will carefully assess incoming data, the evolving outlook, and the balance of risks."

The release explained the overall economy as succeeding amidst a solid and better-balanced task market and declining inflation pressures.

The Fed report said the monetary system is broadly speaking "sound and durable." But it also noted "appraisals remained high relative to basics in a series of markets, consisting of those for equity, business financial obligation, and residential real estate."

It also said "appraisal pressures increased rather from already high levels" while flagging that "vulnerabilities related to monetary leverage remained significant."

The report did not appear to suggest any broad danger to the economy from the monetary system and said that "credit continued to be broadly available" to mid-sized and vmeste-so-vsemi.ru big organizations, most homes and city governments. Credit was "fairly tight" for small companies and those with credit concerns.

When it pertains to overall loaning levels, [users.atw.hu](http://users.atw.hu/samp-info-forum/index.php?PHPSESSID=cab304b8f3d6baed263fe7a83e0f8934&action=profile