During the first meeting of the year the Federal Reserve said the bank interest rates would remain at the current level of 0.25%, and compared patient show the possible increase in this indicator.
The statement issued by the entity established that economic activity in the United States has expanded ‘at a solid pace’ since the last meeting Member of the issuer in December 2014. It also noted that labor market conditions have improved.
As for inflation, the Fed recognizes the decline of this indicator and warns that could present more falls. However he said that this should increase in the medium term to 2% while the effects of low energy prices subside.
is why Juan David Ballen, an analyst at brokerage firm, said that “inflation is the key variable for the Fed, because this indicator grew only 0.8% in 2014. So the change in monetary policy of the US issuer depend on how the price growth of its economy behaves. “
As is customary investors and analysts around the world are very aware of the language in which the Fed is expressed, for all the time trying to discover where the US issuer start rising interest rates.
The survey by Bloomberg said most analysts expect an initial increase in the interest rate in mid-2015 (52% in the second quarter and 29% in the third).
There are those who think differently, because Morgan Stanley economist Ellen Zentner and his team gave a forecast for the first rise in interest rates in the Reserve Federal, and this would give up in March 2016.
The company said that in recent years the Fed has not met its inflation target of 2%, and the declining oil prices and gas prices, this objective is increasingly out of reach of the Federal Reserve.
However Esteban González, Alliance Securities analyst He explained that “despite the low inflation that is registered in the US is still likely the Fed to raise interest rates in 2015, as in the statement recognizes that can still withstand more falls”.
Gonzalez added that “the worrying thing would happen in the event of deflation is recorded, ie negative inflation, as this exchange the whole picture. If this happens it is likely that the issuer take further steps and change their strategy. “
The effects of the announcement of the Federal Reserve soon reflected in the market as the benchmark of crude from the North Sea (Brent) fell 2.27% to close at US $ 48.47. Meanwhile indicator light oil play Texas reached a record low of US $ 44.20, however, at the end of the day closed at US $ 44.45, which implied a reduction of 3.85% in your quote.
As for the local market, the action of Ecopetrol fell 2.71% and 13.34% Pacific Rubiales. The role of Canacol Energy had an opposite behavior to increase their prices more than 2.8%, however, this recovery was due because the Canadian company recently announced a new oil discovery.
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