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FOMC Preview：Fed Not Expected to Raise Interest Rates This Week<blockquote>FOMC预览：预计美联储本周不会加息</blockquote>

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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":639137208,"tweetId":"639137208","gmtCreate":1643196035450,"gmtModify":1643196119638,"author":{"id":3586255748151463,"idStr":"3586255748151463","authorId":3586255748151463,"authorIdStr":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":25,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body>Like pls&nbsp;</body></html>","htmlText":"<html><head></head><body>Like pls&nbsp;</body></html>","text":"Like pls","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/639137208","repostId":1107872846,"repostType":4,"repost":{"id":"1107872846","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1643190439,"share":"https://www.laohu8.com/m/news/1107872846?lang=zh_CN&edition=full","pubTime":"2022-01-26 17:47","market":"us","language":"en","title":"FOMC Preview：Fed Not Expected to Raise Interest Rates This Week<blockquote>FOMC预览：预计美联储本周不会加息</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107872846","media":"Tiger Newspress","summary":"All eyes are currently on the Fed, which is releasing its monetary policy decision Wednesday. Market","content":"<html><head></head><body>All eyes are currently on the Fed, which is releasing its monetary policy decision Wednesday. Markets are anticipating several interest rate increases this year, but will be hanging on the words of Fed Chair Jerome Powell to see just how many.<blockquote><html><head></head><body>目前所有人的目光都集中在美联储身上，美联储将于周三发布货币政策决定。市场预计今年将多次加息，但将等待美联储主席杰罗姆·鲍威尔的言论，看看到底会加息多少次。</body></html></blockquote>The FOMC decision is due at 2 p.m. ET on Wednesday, followed by Powell’s press conference at 2:30 p.m. ET.<blockquote>FOMC 将于美国东部时间周三下午 2 点做出决定，随后鲍威尔将于美国东部时间下午 2:30 召开新闻发布会。</blockquote>Anticipation:<blockquote>预期：</blockquote>Anticipation over a pullback in Federal Reserve stimulus has markets rolling, setting the stage for what could be a pivotal central bank policy-setting meeting this week.<blockquote>对美联储退出刺激措施的预期推动市场波动，为本周可能召开的关键央行政策制定会议奠定了基础。</blockquote>Although the Fed has signaled it will very likely raise rates multiple times this year, the first post-COVID rate increase is not expected this week. Instead, the policy-setting Federal Open Market Committee will likely tease higher rates coming in its March meeting.<blockquote>尽管美联储已表示今年很可能多次加息，但预计本周不会出现新冠疫情后的首次加息。相反，制定政策的联邦公开市场委员会可能会在三月份的会议上调侃加息。</blockquote>“It really is time for us to begin to move away from those emergency pandemic settings to a more normal level,” Fed Chairman Jerome Powell told Congress two weeks ago, adding that “2022 will be the year in which we take steps toward normalization.”<blockquote>“美联储主席杰罗姆-鲍威尔（Jerome Powell）两周前对国会说：”现在确实是我们开始摆脱那些紧急大流行病环境，达到更正常水平的时候了，”他补充说，“2022 年将是我们迈向正常化的一年”。</blockquote>Moving away from those settings would involve raising the federal funds rate, the benchmark for short-term borrowing costs that the Federal Open Market Committee sets every six weeks. That rate has been set at near zero since the depths of the pandemic.<blockquote>摆脱这些环境将涉及提高联邦基金利率，这是联邦公开市场委员会每六周制定一次的短期借贷成本基准。自疫情爆发以来，这一比率一直接近于零。</blockquote>Raising those rates, also referred to as “tightening policy,” could dampen the rapid pace of inflation felt by Americans across the board.<blockquote>提高这些利率（也称为 “紧缩政策”）可能会全面抑制美国人感受到的快速通货膨胀。</blockquote>“March is a live meeting for the first rate hike,” said Fed Governor Christopher Waller in December.<blockquote>“美联储理事克里斯托弗-沃勒（Christopher Waller）在 12 月表示：”3 月份是首次加息的现场会议。</blockquote>Directionally, nearly all members of the policy-setting Federal Open Market Committee have suggested they favor using higher rates to bring inflation down (even the more “dovish” officials who have historically pushed back against tighter policy options). But there is considerable uncertainty about how aggressively they would do so.<blockquote>从方向性来看，制定政策的联邦公开市场委员会几乎所有成员都表示，他们赞成利用更高的利率来降低通胀（即使是历史上一直反对收紧政策选项的 “鸽派 ”官员）。但他们会采取多积极的行动存在相当大的不确定性。</blockquote>For example, betting markets show the largest probability — about 31% — for four interest rate increases (25 basis points each) by the end of this year. But those same markets are pricing in decent odds of the Fed tightening a little bit slower (three rate hikes: 26% chance) as they are for the Fed tightening a little bit faster (five rate hikes: 20% chance).<blockquote>例如，博彩市场显示，到今年年底，四次加息（每次25个基点）的概率最大，约为31%。但这些市场对美联储紧缩速度稍慢（三次加息：26% 的可能性）的定价，与美联储紧缩速度稍快（五次加息：20% 的可能性）的定价一样。</blockquote>Either way, the Fed is making it clear that come the March meeting, FOMC decision days that follow are all fair game for more tightening.<blockquote>无论哪种方式，美联储都明确表示，在 3 月份会议召开后，接下来的 FOMC 决策日都是进一步紧缩的公平游戏。</blockquote>Market Views:<blockquote>市场观点：</blockquote>“We see a risk that the FOMC will want to take some tightening action at every meeting until that picture changes,” Goldman Sachs analysts wrote on Friday.<blockquote>“高盛分析师周五写道：”我们认为，在这种情况发生变化之前，联邦公开市场委员会可能希望在每次会议上采取一些紧缩行动。</blockquote>With prices rising at a pace not seen in nearly 40 years, the Fed may have opted to raise rates this week if it were not for one reason: its $9 trillion balance sheet.<blockquote>随着物价以近 40 年来未见的速度上涨，如果不是因为一个原因：其 9 万亿美元的资产负债表，美联储可能会选择本周加息。</blockquote>The Fed is still in the process of bringing its pandemic-era policy of growing its massive balance sheet to a full stop. In December, the FOMC charted a course for ending its purchases of U.S. Treasuries and agency mortgage-backed securities (aimed at messaging to markets its intention to keep borrowing costs low) by mid-March.<blockquote>美联储仍在全面停止大流行时代扩大其庞大资产负债表的政策。去年 12 月，联邦公开市场委员会 (FOMC) 制定了在 3 月中旬之前结束购买美国国债和机构抵押贷款支持证券（旨在向市场传达其保持较低借贷成本的意图）的路线。</blockquote>Raising interest rates while the Fed is still buying bonds could send mixed messages to markets, which is why Fed officials have made it clear they would not raise interest rates until that process is done.<blockquote>在美联储仍在购买债券时加息可能会向市场发出混合信息，这就是为什么美联储官员明确表示，在这一过程完成之前，他们不会加息。</blockquote>As the Fed raises interest rates, the FOMC will then likely turn its attention to actively shrinking its balance sheet — by allowing maturing securities to roll off of its books.<blockquote>随着美联储加息，联邦公开市场委员会可能会将注意力转向积极缩减资产负债表——允许到期证券从其账簿中滚出。</blockquote>“We probably will decide to start reducing the balance sheet sooner rather than later,” Chicago Fed President Charles Evans told reporters on Jan. 13.<blockquote>“芝加哥联储主席查尔斯-埃文斯（Charles Evans）1月13日对记者说：”我们可能会决定尽早开始缩减资产负债表规模。</blockquote>Doing so could allow the Fed to quell inflation with fewer rate hikes, since shrinking its asset holdings should have the effect of tilting higher longer-term interest rates (which it does not directly control as well as short-term rates).<blockquote>这样做可以让美联储通过减少加息来平息通胀，因为缩减资产持有量应该会产生推高长期利率的效果（美联储并不直接控制短期利率）。</blockquote>The conversation over how to handle any balance sheet runoff will likely pick up steam in this week’s meeting.<blockquote>在本周的会议上，关于如何处理任何资产负债表决选的讨论可能会升温。</blockquote>Market Snapshot<blockquote>市场快照</blockquote>At 04:46 a.m. ET, Dow e-minis were up 364 points, or 1.06%, S&amp;P 500 e-minis were up 60.75 points, or 1.40%, and Nasdaq 100 e-minis were up 294.50 points, or 2.08%.<blockquote>美国东部时间凌晨 04:46，道琼斯电子迷你指数上涨 364 点，涨幅 1.06%，标普500电子迷你指数上涨 60.75 点，涨幅 1.40%，纳斯达克 100 电子迷你指数上涨 294.50 点，涨幅 2.08%。</blockquote><img src=\"https://static.tigerbbs.com/6daf636636fcead334fc0cd35746e9a2\" tg-width=\"372\" tg-height=\"159\" width=\"100%\" height=\"auto\"/><blockquote></blockquote></body></html><blockquote></blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FOMC Preview：Fed Not Expected to Raise Interest Rates This Week<blockquote>FOMC预览：预计美联储本周不会加息</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFOMC Preview：Fed Not Expected to Raise Interest Rates This Week<blockquote>FOMC预览：预计美联储本周不会加息</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2022-01-26 17:47\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><head></head><body>All eyes are currently on the Fed, which is releasing its monetary policy decision Wednesday. Markets are anticipating several interest rate increases this year, but will be hanging on the words of Fed Chair Jerome Powell to see just how many.<blockquote><html><head></head><body>目前所有人的目光都集中在美联储身上，美联储将于周三发布货币政策决定。市场预计今年将多次加息，但将等待美联储主席杰罗姆·鲍威尔的言论，看看到底会加息多少次。</body></html></blockquote>The FOMC decision is due at 2 p.m. ET on Wednesday, followed by Powell’s press conference at 2:30 p.m. ET.<blockquote>FOMC 将于美国东部时间周三下午 2 点做出决定，随后鲍威尔将于美国东部时间下午 2:30 召开新闻发布会。</blockquote>Anticipation:<blockquote>预期：</blockquote>Anticipation over a pullback in Federal Reserve stimulus has markets rolling, setting the stage for what could be a pivotal central bank policy-setting meeting this week.<blockquote>对美联储退出刺激措施的预期推动市场波动，为本周可能召开的关键央行政策制定会议奠定了基础。</blockquote>Although the Fed has signaled it will very likely raise rates multiple times this year, the first post-COVID rate increase is not expected this week. Instead, the policy-setting Federal Open Market Committee will likely tease higher rates coming in its March meeting.<blockquote>尽管美联储已表示今年很可能多次加息，但预计本周不会出现新冠疫情后的首次加息。相反，制定政策的联邦公开市场委员会可能会在三月份的会议上调侃加息。</blockquote>“It really is time for us to begin to move away from those emergency pandemic settings to a more normal level,” Fed Chairman Jerome Powell told Congress two weeks ago, adding that “2022 will be the year in which we take steps toward normalization.”<blockquote>“美联储主席杰罗姆-鲍威尔（Jerome Powell）两周前对国会说：”现在确实是我们开始摆脱那些紧急大流行病环境，达到更正常水平的时候了，”他补充说，“2022 年将是我们迈向正常化的一年”。</blockquote>Moving away from those settings would involve raising the federal funds rate, the benchmark for short-term borrowing costs that the Federal Open Market Committee sets every six weeks. That rate has been set at near zero since the depths of the pandemic.<blockquote>摆脱这些环境将涉及提高联邦基金利率，这是联邦公开市场委员会每六周制定一次的短期借贷成本基准。自疫情爆发以来，这一比率一直接近于零。</blockquote>Raising those rates, also referred to as “tightening policy,” could dampen the rapid pace of inflation felt by Americans across the board.<blockquote>提高这些利率（也称为 “紧缩政策”）可能会全面抑制美国人感受到的快速通货膨胀。</blockquote>“March is a live meeting for the first rate hike,” said Fed Governor Christopher Waller in December.<blockquote>“美联储理事克里斯托弗-沃勒（Christopher Waller）在 12 月表示：”3 月份是首次加息的现场会议。</blockquote>Directionally, nearly all members of the policy-setting Federal Open Market Committee have suggested they favor using higher rates to bring inflation down (even the more “dovish” officials who have historically pushed back against tighter policy options). But there is considerable uncertainty about how aggressively they would do so.<blockquote>从方向性来看，制定政策的联邦公开市场委员会几乎所有成员都表示，他们赞成利用更高的利率来降低通胀（即使是历史上一直反对收紧政策选项的 “鸽派 ”官员）。但他们会采取多积极的行动存在相当大的不确定性。</blockquote>For example, betting markets show the largest probability — about 31% — for four interest rate increases (25 basis points each) by the end of this year. But those same markets are pricing in decent odds of the Fed tightening a little bit slower (three rate hikes: 26% chance) as they are for the Fed tightening a little bit faster (five rate hikes: 20% chance).<blockquote>例如，博彩市场显示，到今年年底，四次加息（每次25个基点）的概率最大，约为31%。但这些市场对美联储紧缩速度稍慢（三次加息：26% 的可能性）的定价，与美联储紧缩速度稍快（五次加息：20% 的可能性）的定价一样。</blockquote>Either way, the Fed is making it clear that come the March meeting, FOMC decision days that follow are all fair game for more tightening.<blockquote>无论哪种方式，美联储都明确表示，在 3 月份会议召开后，接下来的 FOMC 决策日都是进一步紧缩的公平游戏。</blockquote>Market Views:<blockquote>市场观点：</blockquote>“We see a risk that the FOMC will want to take some tightening action at every meeting until that picture changes,” Goldman Sachs analysts wrote on Friday.<blockquote>“高盛分析师周五写道：”我们认为，在这种情况发生变化之前，联邦公开市场委员会可能希望在每次会议上采取一些紧缩行动。</blockquote>With prices rising at a pace not seen in nearly 40 years, the Fed may have opted to raise rates this week if it were not for one reason: its $9 trillion balance sheet.<blockquote>随着物价以近 40 年来未见的速度上涨，如果不是因为一个原因：其 9 万亿美元的资产负债表，美联储可能会选择本周加息。</blockquote>The Fed is still in the process of bringing its pandemic-era policy of growing its massive balance sheet to a full stop. In December, the FOMC charted a course for ending its purchases of U.S. Treasuries and agency mortgage-backed securities (aimed at messaging to markets its intention to keep borrowing costs low) by mid-March.<blockquote>美联储仍在全面停止大流行时代扩大其庞大资产负债表的政策。去年 12 月，联邦公开市场委员会 (FOMC) 制定了在 3 月中旬之前结束购买美国国债和机构抵押贷款支持证券（旨在向市场传达其保持较低借贷成本的意图）的路线。</blockquote>Raising interest rates while the Fed is still buying bonds could send mixed messages to markets, which is why Fed officials have made it clear they would not raise interest rates until that process is done.<blockquote>在美联储仍在购买债券时加息可能会向市场发出混合信息，这就是为什么美联储官员明确表示，在这一过程完成之前，他们不会加息。</blockquote>As the Fed raises interest rates, the FOMC will then likely turn its attention to actively shrinking its balance sheet — by allowing maturing securities to roll off of its books.<blockquote>随着美联储加息，联邦公开市场委员会可能会将注意力转向积极缩减资产负债表——允许到期证券从其账簿中滚出。</blockquote>“We probably will decide to start reducing the balance sheet sooner rather than later,” Chicago Fed President Charles Evans told reporters on Jan. 13.<blockquote>“芝加哥联储主席查尔斯-埃文斯（Charles Evans）1月13日对记者说：”我们可能会决定尽早开始缩减资产负债表规模。</blockquote>Doing so could allow the Fed to quell inflation with fewer rate hikes, since shrinking its asset holdings should have the effect of tilting higher longer-term interest rates (which it does not directly control as well as short-term rates).<blockquote>这样做可以让美联储通过减少加息来平息通胀，因为缩减资产持有量应该会产生推高长期利率的效果（美联储并不直接控制短期利率）。</blockquote>The conversation over how to handle any balance sheet runoff will likely pick up steam in this week’s meeting.<blockquote>在本周的会议上，关于如何处理任何资产负债表决选的讨论可能会升温。</blockquote>Market Snapshot<blockquote>市场快照</blockquote>At 04:46 a.m. ET, Dow e-minis were up 364 points, or 1.06%, S&amp;P 500 e-minis were up 60.75 points, or 1.40%, and Nasdaq 100 e-minis were up 294.50 points, or 2.08%.<blockquote>美国东部时间凌晨 04:46，道琼斯电子迷你指数上涨 364 点，涨幅 1.06%，标普500电子迷你指数上涨 60.75 点，涨幅 1.40%，纳斯达克 100 电子迷你指数上涨 294.50 点，涨幅 2.08%。</blockquote><img src=\"https://static.tigerbbs.com/6daf636636fcead334fc0cd35746e9a2\" tg-width=\"372\" tg-height=\"159\" width=\"100%\" height=\"auto\"/><blockquote></blockquote></body></html><blockquote></blockquote>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107872846","content_text":"All eyes are currently on the Fed, which is releasing its monetary policy decision Wednesday. Markets are anticipating several interest rate increases this year, but will be hanging on the words of Fed Chair Jerome Powell to see just how many.The FOMC decision is due at 2 p.m. ET on Wednesday, followed by Powell’s press conference at 2:30 p.m. ET.Anticipation:Anticipation over a pullback in Federal Reserve stimulus has markets rolling, setting the stage for what could be a pivotal central bank policy-setting meeting this week.Although the Fed has signaled it will very likely raise rates multiple times this year, the first post-COVID rate increase is not expected this week. Instead, the policy-setting Federal Open Market Committee will likely tease higher rates coming in its March meeting.“It really is time for us to begin to move away from those emergency pandemic settings to a more normal level,” Fed Chairman Jerome Powell told Congress two weeks ago, adding that “2022 will be the year in which we take steps toward normalization.”Moving away from those settings would involve raising the federal funds rate, the benchmark for short-term borrowing costs that the Federal Open Market Committee sets every six weeks. That rate has been set at near zero since the depths of the pandemic.Raising those rates, also referred to as “tightening policy,” could dampen the rapid pace of inflation felt by Americans across the board.“March is a live meeting for the first rate hike,” said Fed Governor Christopher Waller in December.Directionally, nearly all members of the policy-setting Federal Open Market Committee have suggested they favor using higher rates to bring inflation down (even the more “dovish” officials who have historically pushed back against tighter policy options). But there is considerable uncertainty about how aggressively they would do so.For example, betting markets show the largest probability — about 31% — for four interest rate increases (25 basis points each) by the end of this year. But those same markets are pricing in decent odds of the Fed tightening a little bit slower (three rate hikes: 26% chance) as they are for the Fed tightening a little bit faster (five rate hikes: 20% chance).Either way, the Fed is making it clear that come the March meeting, FOMC decision days that follow are all fair game for more tightening.Market Views:“We see a risk that the FOMC will want to take some tightening action at every meeting until that picture changes,” Goldman Sachs analysts wrote on Friday.With prices rising at a pace not seen in nearly 40 years, the Fed may have opted to raise rates this week if it were not for one reason: its $9 trillion balance sheet.The Fed is still in the process of bringing its pandemic-era policy of growing its massive balance sheet to a full stop. In December, the FOMC charted a course for ending its purchases of U.S. Treasuries and agency mortgage-backed securities (aimed at messaging to markets its intention to keep borrowing costs low) by mid-March.Raising interest rates while the Fed is still buying bonds could send mixed messages to markets, which is why Fed officials have made it clear they would not raise interest rates until that process is done.As the Fed raises interest rates, the FOMC will then likely turn its attention to actively shrinking its balance sheet — by allowing maturing securities to roll off of its books.“We probably will decide to start reducing the balance sheet sooner rather than later,” Chicago Fed President Charles Evans told reporters on Jan. 13.Doing so could allow the Fed to quell inflation with fewer rate hikes, since shrinking its asset holdings should have the effect of tilting higher longer-term interest rates (which it does not directly control as well as short-term rates).The conversation over how to handle any balance sheet runoff will likely pick up steam in this week’s meeting.Market SnapshotAt 04:46 a.m. ET, Dow e-minis were up 364 points, or 1.06%, S&P 500 e-minis were up 60.75 points, or 1.40%, and Nasdaq 100 e-minis were up 294.50 points, or 2.08%.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1408,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/639137208"}