Analysts review the fed does not raise interest rates:
the fed has become more doveish
In September the fed FOMC meeting statement keep interest rates unchanged, many economists believe the fed decision suggests that dove camp victory, the fed is expected to yearsIncreases in interest rates.The following comments is Wall Street analysts.
The FrenchBNP paribasEconomists team:
Resolution the fed statement that "dove camp victory", cut over the next two years NASIRU expectations and core inflation expectations highlighted the relevant members of the liberal stance.
Markit analyst Chris Williamson:
While the fed has become a more dovish, but in the absence of cause economic derailment factor appears, the fed will raise interest rates during the year.
Barclays economist Michael Gapen and Rob Martin:
FOMC policy statement slightly dove than expected, but most believe that policy makers are expected to raise interest rates this year, lattice figure suggest that policy makers are sure that raising interest rates this year, but barclays still raise interest rates expected in March next year, because of the weak inflation situation will make the FOMC keep interest rates unchanged throughout the year in 2015.
New silver Mellon strategist Marvin Loh:
The fed decision statement filled with inflation fears, and then release the very obvious dovish signals.
GermanyUnicredit bank chiefThe United StatesEconomist Harm falls:
The fed does not raise rates indicate that they will focus more on the things may be getting worse, rather than something that is in good condition.
Doubleline analyst Jeffrey Gundlach:
Bond markets after the federal reserve are strongly advised not to raise interest rates, the fed listened to the voice.
Moody's Analytics chief economist Mark Zandi:
The fed's decision to let the market very difficult to accurately determine what when appropriate to raise interest rates, as in other parts of the economy is always unknown.
Morgan Stanley's fixed-income investment manager Jim Caron, :
Now need to worry about the other parts of Asia and the situation of the stock market, if they reduce economic growth and inflation expectations, the possibility of the fed to raise interest rates until 2016 will be higher.
Credit suisse fundamental analysts Kelsey Deshler:
In view of thecommoditiesA drop in prices,Emerging marketsPerformance and the complexity of the domestic economic situation, the fed's decision very carefully.
Credit suisse,stockTrading, managing director Rob Bernstone:
It is a question of expectation management, the market about the future one year interest rates to a certain consensus.A lot of people are eager to see the fed action speed and strength, so the fed's comments as the key.Any comments about the international market will naturally attract attention.From the point of the stock market, emerging markets and obvious potential differences between the United States.
J.p. Morgan private bank analyst Phil Guarco:
Traditionally the fed only care about the United States, now the world's problems are our problems, the federal reserve to the world and emerging markets are worried.The fed in to run the risk of policy mistakes, if the natural rate of unemployment is not reduced, the current situation soon in the past, energy prices and other factors may cover up the truth of the overheating economy.
CIBC World Markets economist Andrew Grantham:
From the point of the FOMC statement, the fed's outlook for the U.S. economy more optimistic, especially in the current enterprise investment trends.They to the international environment, however, there is a big concern.
The bank of Montreal economist Michael Gregory:
The FOMC keep interest rates unchanged, make the policy lasts for six years and nine months.Fed inaction is clear: based on the recent international economic and financial dynamic may to a certain extent, affected the U.S. economic activity, and possibly for recent bring further downward pressure on inflation.
The Lindsey, chief market analyst Peter Boockvar:
The question now is not the fed when and will raise interest rates, but in the market about when the fed will raise interest rates real serious differences.As the committee continues to focus on the United States and the worlddata, everything all want to do it again.