Post by account_disabled on Jan 6, 2024 13:10:33 GMT 8
The US Federal Reserve (Fed) held a meeting on July 30-31, 2019 (US time), where the meeting lowered the policy interest rate for the first time in more than 10 years to a range of 2.00-2.25%. This is a disappointment to investors and global financial markets who had been waiting and expecting to see a more accommodative stance. Mr. Kobsak Phutrakul, Deputy Secretary-General to the Prime Minister for Political Affairs, revealed that the Fed's first interest rate cut of 0.25 percent is an important change in the global market trend. after earlier The Fed has raised interest rates several times. Because of concern about high inflation in the United States When it was found that actual inflation was not under much pressure amidst the global economic slowdown. Therefore, the interest rate frame was reduced. For the impact on Thailand The Bank of Thailand (BoT) must therefore closely monitor this matter due to interest differentials in the world market this time. And when interest rates decrease, it will affect investment to expand.
Kasikorn Research Center reports that the Fed wants to Country Email List send a signal to the market that The decision to reduce interest rates in this round It is only an action to contain potential risks to the US economy. It is also seen that there is still a possibility that the Fed will reduce interest rates further to support the economy for the remainder of this year. and/or during the next year Because the US economy There is still a tendency to slow down. and still have to face many risk factors that are uncertain Especially regarding the trade conflict between the United States and China, including the BREXIT situation, which is such uncertainty. It will still affect the volatility of the dollar. and the baht in the future While the Global Markets Group Bank of Ayudhya There was an opinion on the results of the Fed meeting that it resulted in the baht depreciating and the dollar strengthening. While the US stock market Declined as investors were disappointed that the Fed had not given a clear signal about the likelihood of continued interest rate cuts.
At the morning of the market opening on August 1, the baht weakened to 30.90, while the dollar hit its strongest level in two years against a basket of major currencies. The US stock market fell after the Fed did not promise that Will reduce interest rates continuously. while the price of gold decreased There is a report stating that The Fed's interest rate cut is the first in a decade. Or since after the American financial crisis or the Hamburger crisis of 2008? Reporters reported that As for the Thai stock market on August 1, 2019, it was found that it dropped 1,700 points to close at 1,699.75, down 12.22 points, with a trading value of 54,654.98 million baht, while analysts pointed out that It comes from markets across the region that are disappointed in the results of the Fed meeting. and the trade war drags on While the market has no supporting factors preecha binmanoch Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design.
Kasikorn Research Center reports that the Fed wants to Country Email List send a signal to the market that The decision to reduce interest rates in this round It is only an action to contain potential risks to the US economy. It is also seen that there is still a possibility that the Fed will reduce interest rates further to support the economy for the remainder of this year. and/or during the next year Because the US economy There is still a tendency to slow down. and still have to face many risk factors that are uncertain Especially regarding the trade conflict between the United States and China, including the BREXIT situation, which is such uncertainty. It will still affect the volatility of the dollar. and the baht in the future While the Global Markets Group Bank of Ayudhya There was an opinion on the results of the Fed meeting that it resulted in the baht depreciating and the dollar strengthening. While the US stock market Declined as investors were disappointed that the Fed had not given a clear signal about the likelihood of continued interest rate cuts.
At the morning of the market opening on August 1, the baht weakened to 30.90, while the dollar hit its strongest level in two years against a basket of major currencies. The US stock market fell after the Fed did not promise that Will reduce interest rates continuously. while the price of gold decreased There is a report stating that The Fed's interest rate cut is the first in a decade. Or since after the American financial crisis or the Hamburger crisis of 2008? Reporters reported that As for the Thai stock market on August 1, 2019, it was found that it dropped 1,700 points to close at 1,699.75, down 12.22 points, with a trading value of 54,654.98 million baht, while analysts pointed out that It comes from markets across the region that are disappointed in the results of the Fed meeting. and the trade war drags on While the market has no supporting factors preecha binmanoch Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design.