FED Meeting Is On The Agenda Of The Markets

FED Meeting Is On The Agenda Of The Markets The FED meeting is on the agenda of the markets. The interest rate decision to be released from the meeting to be held this week is expected with curiosity. International markets paid attention to the FED (US Federal Reserve) meeting that will take place this week. While it is estimated that the center will not make any changes in interests and asset purchases, different opinions are put forward about verbal guidance. Many market representatives anticipate that verbal steering could be further strengthened, but it is also thought that the central bank may repeat 'maximum employment and 2 percent inflation in the long run' in verbal guidance. Speaking to the AA correspondent on the issue, Commerzbank US Fed Economist Bernd Weidensteiner stated that the FED's policy would not change. Weidensteiner stated that the bank will not change the policy rate and leave it constant in the range of 0-0.25 percent, and said that the FED will not change the asset purchase. Reminding that the bank has promised to continue purchasing at least the current amount of bonds, Weidensteiner emphasized that this stance will not change. Weidensteiner, who predicts that the FED will not change the verbal direction, said the bank aims to achieve maximum employment and 2 percent inflation in the long term. Weidensteiner stated that with inflation persistently moving below the long-term target, the committee will aim to reach a slightly above 2 percent inflation for a while to reach an average of 2 percent over time, adding that long-term inflation expectations will continue to be fixed at 2 percent. In addition, Berenberg USA, America, Asia Chief Economist Mickey Levy shared the view that the FED will keep the policy rate unchanged in the range of 0-0.25 percent and will continue its asset purchases at the November meeting. The FED did not change the policy rate in its September meeting; It had kept it constant in the range of 0-0.25 percent. In the bank's September statement, it was stated that the bank would increase its purchases of treasury bonds and mortgage-backed securities at the current pace, at least to support the flow of loans to households and businesses, in order to keep the market functioning smoothly and help develop harmonious financial conditions. In addition, the FED emphasized that no changes in interest rates are expected until September 2023.