http://inter-market-analysis.com/

Will Dr. Bernanke Provide a Clear Road Map at Jackson Hole?

What the market wants is a clear road map for Fed policy.  They want to be told definitively that the central bank will or will not ease next month.  Unfortunately being straightforward has never been one of the Fed Chairman's strongest personality traits and hoping for a clear road map tomorrow may be wishful thinking.  Yet the one situation where Bernanke could still drop hints about easier monetary policy is if they already agreed to ease monetary policy through something other than Quantitative Easing.  One possible option would be to extend their low rates pledge beyond 2014 or to tie interest rates with economic data.  Both of these options would mark an important shift in U.S. monetary policy and is less drastic than a third round of Quantitative Easing and cheaper than asset purchases. 

However there are plenty of reasons why Bernanke could choose to remain elusive about monetary policy. While the world was surprised by how close the Fed was to increasing stimulus in early August, the economy has improved since then.  According to the Beige Book, there are signs of life in parts of the U.S. economy and continued challenges in others.  The lack of consistency in the U.S. economy is the very reason why Bernanke could choose to wait until the latest official Fed forecasts are completed and the next non-farm payrolls report is released before committing to any fresh policy changes.  Also, having provided signals to major policy changes at the last 2 Jackson Hole Summits, Bernanke may want to move away from the expectation that Jackson Hole is a forum for announcing policy changes. 
 
Kathy Lien 
Managing Director 
BK Asset Management 
295 Greenwich Street, Suite 281
New York, NY 10007

Views: 20

Comment

You need to be a member of http://inter-market-analysis.com/ to add comments!

Join http://inter-market-analysis.com/

Mentoring Programme

A mentor is someone whose hindsight can become your foresight.

 

I currently offer my time to assist people on a 1-2-1 basis in order to improve their trading ability. I offer my support over a 4 week period, 2 sessions per week. The cost of the course is £300. 

Please feel free to email me if your are interested. Email: daytrader@inter-market-analysis.com

 

"Mentoring is to support and encourage people to manage their own learning in order that they may maximise their potential, develop their skills, improve their performance and become the person they want to be." Eric Parsloe, The Oxford School of Coaching & Mentoring

 

Live Trading Service

I post my trades in real time accompanied with technical and fundamental analysis via Whatsapp messenger. I clearly explain my trade set ups with detailed charts providing my entry, exit and stop loss.

“Tell me and I forget, teach me and I may remember, involve me and I learn.” ― Benjamin Franklin.

I believe that this type of service is unique in the industry as it helps you understand the reasoning behind taking a trade, priced at just £50 a month, on a pay as you go basis. I offer a one month free trial to all new subscribers, follow the instructions on the Free trial tab above and email me;

daytrader@inter-market-analysis.com 

 

Or alternatively if you open up a CFDS.com account and actively trade with it, I will give free subscription to the Live Trading Service. If you wish to take advantage of this please open up an account and email me once you start trading and I will make your subscription free. Thanks .

I want to teach you how to fish, not to feed you the fish.

© 2019   Created by Aadil (site owner).   Powered by

Badges  |  Report an Issue  |  Terms of Service