The central bank also downplayed recent
global financial market turmoil and said the U.S. labor market was still healing despite a slower pace of job growth.
Not exact matches
More broadly,
global trade has slowed and
financial stability risks have increased — with the recent
market turmoil partly reflecting lower confidence in the effectiveness of policies.
Citing persistent weak labor -
market conditions and continued
global financial turmoil, the Fed says its monetary easing «should put downward pressure on longer - term interest rates, support mortgage
markets and help to make broader
financial conditions more accommodative.»
These include, but are not limited to, a bear
market in
financial assets, a downturn in the
global economy, continued currency
turmoil, and of course, bullish supply - and - demand fundamentals.
This week, the
global financial markets continued to stabilize following weeks of increased
turmoil.
U.S. stocks tumbled Friday to their biggest loss in more than seven months, extending a
global selloff that investors fear signals
turmoil to come as
financial markets adjust to a pullback in central - bank stimulus.
Asian stock
markets were up sharply Monday after elections in Greece eased fears of
global financial turmoil, but analysts warned that the economic crisis shaking the 17 nations that use the euro was far from over.
Gyrating stock values, slumping oil prices,
turmoil in foreign currency
markets, predictions of slow growth or even deflation abroad... Suddenly, the outlook for the
global economy and
financial markets looks far different — and much dicier — than just a few months ago.
But most areas of investment rebounded in the second quarter of 2008 «even as
global financial markets remained in
turmoil».
An Obama victory has brought a
global carbon
market a step closer, and despite the recent
financial turmoil investors are still funding technology innovations for carbon
markets, too.
With the Federal Reserve sticking with its lower for longer interest rate policy in the face of
global economic headwinds and
financial market turmoil, it seems loan growth is poised to continue its expansion uninterrupted.