The Federal Reserve Kept Its Key Interest Rate Unchanged

30 January 2020

Research

Danareksa Research Institute Foresees Inflation of 0.48% Mom in January 2020. This translats into a yoy inflation rate of 2.88%. The Planting Season Along With Increases in Administered Prices of Goods and Services Are Expected to Raise Inflationary Pressures in January. Nonetheless, we still expect the Annual Headline Inflation Rate to Step Stable. (Dri) The Yield on the 10-Year U.S. Treasury Note Dropped to its lowest closing level in over three months wednesday after the coronavirus caused airlines to cancel flights to china and the federal reserve in little to change investors expectations that are The 10-Year Yield Settled at 1,593%, its lowest since Oct. 9, Compared with 1,642% Tuesday. (Bloomberg) The Federal Reserve Kept Its Key Interest Unchanged and Continued to Signal Policy Would Stay on Hold for the Time Being, While Stressing the Importance of Lifting Inflation to Officials Target. The central bank also made a technical adjustment to the rate it pays on reserve balans and Said it would extend at least through April Aimed at smoothing volatility in money markets. (Bloomberg) Source: Danareksa Securities Debt Research Photo by Florian Olivo On Unssplash