距离全国统考仅有:348

宏博太奇考研,宏博太奇教育

您现在的位置: > MPAccMPAcc备考MPAcc英语 > 会计硕士MPAcc备考:英语阅读理解素材(一)

会计硕士MPAcc备考:英语阅读理解素材(一)

2014-05-16 11:27:48 阅读:(275)宏博太奇考研

  Addressing this question, Dudley said the Fed will watch all corners of the labor market, including payroll growth, the number of Americans who have given up the hunt for work, the employment-to-population-ratio and job-finding rates, as well as the broader measure of unemployment.

  At year end, further purchases of Treasuries will depend on an assessment of costs and benefits and on labor improvement, said Dudley, who as head of the important New York regional Fed bank has a permanent vote on Fed policy.

  Ultimately, the Fed is looking for a stronger recovery alongside stable prices, said Dudley. "When that finally materializes, I'll view it as consistent with the result we are trying to achieve, and not a reason to pull back our policies prematurely," he added.

  INTERNAL POLICY RIFTS

  Fed policymakers broadly agree that U.S. unemployment is much too high; most also agree that inflation, which has hovered near the Fed's 2 percent target, is well under control. But there continue to be deep rifts within the central bank over the best policy response.

  Dallas Fed President Richard Fisher, a forceful opponent of further easing, said he would have dissented last week if he had a vote on the bank's policy-setting Federal Open Market Committee this year.

  "I would argue that it is less impactful right now because you have other things inhibiting businesses from making decisions on capex and employment," Fisher told CNBC. "I don't think this program will have much efficacy."

  James Bullard, president of the St. Louis Fed, expressed a similar sentiment. While he has been less skeptical than Fisher about the use of bond buys as a stimulus option, Bullard told Reuters he did not think the economic data sufficiently weak to warrant the latest round of monetary easing.

  "I would have voted against it based on the timing. I didn't feel like we had a good enough case to make a major move at this juncture," said Bullard, who is not a voter this year on the Federal Open Market Committee.

  "We should take a little bit more (of a) wait and see posture. I think that constellation of economic data doesn't really dictate the decision that we made."

  Only one of the 12 Fed voting policymakers dissented against QE3, which came very close to a plan Evans has advocated for the past year: a vow to keep rates low until unemployment drops below 7 percent or inflation threatens to top 3 percent, and to buy bonds if progress on jobs is not fast enough.

  "I am optimistic that we can achieve better outcomes through more monetary policy accommodation," Evans told a business breakfast sponsored by the Bank of Ann Arbor. "This is the time to act," he said, adding that asset purchases could begin to taper in 2014 if the labor market improves as he expects.

  Evans cast the debate over monetary policy as one between optimists who believe further easing can deliver a stronger economy, and pessimists who say it will only spark inflation. Pessimists have warned for years about higher inflation, only to have their predictions fall short, he said.

  Risks abound that could send the U.S. economy back into recession, he said, citing a potential global slowdown, spillover from Europe's sovereign debt crisis and the looming "fiscal cliff."

  "We cannot be complacent and assume that the economy is not being damaged if no action is taken," Evans said.

  

1 2
在线客服

微信

点我咨询

联系电话

07713110323