USD PRICE STABILITY MANAGEMENT BY FED OF NEW YORK AS OF MID 2017
17/07/2017
The Federal Reserve Bank of New York is the executing manager for USD price stability, acting for and on behalf of the Federal Reserve. During this 2017, the Fed of New York manages the USD price stability narrower than international policy for 15 % as recommended by the global monetarists for maintaining the economic and financial stability provoked by the Federal Reserve Bank of St. Louis, an international consensus on OECD and IMF.
The widest band experienced by EUR/USD for 9.50 % and the narrowest band experienced by NZD/USD for 4.20 %. Other pairs fluctuated interior the widest and the narrowest band performance. Accordingly, no price attacks, price manipulation, over-pricing, under-pricing as well as market sterilzation undertaken during this 2017.
The impact of the news, rumors, commentaries, opinions and the likes manipulated by the global investment managers have no impact on the price stability. The same performance is expected to experience during this 2017. No economic and financial instability which has to be anticipated. Global imbalance provoked by the Japanese is rational, however the imbalance is due to the fact of different skill on the management of the global economy by the developed nations.
The current unemployment rate 4.4 % in the United States also near the FED’s obligation to manage 4.00 % unemployment rate. However, the unemployment rate policy is adapted from time to time in accordance to the global economic and financial outlook.
The current width of bands and the international regulated width of bands provide substantial room for the Fed of New York in managing the USD price stability. At such, no issues observed on the USD currency band.
The Federal Reserve Bank of New York is the executing manager for USD price stability, acting for and on behalf of the Federal Reserve. During this 2017, the Fed of New York manages the USD price stability narrower than international policy for 15 % as recommended by the global monetarists for maintaining the economic and financial stability provoked by the Federal Reserve Bank of St. Louis, an international consensus on OECD and IMF.
The widest band experienced by EUR/USD for 9.50 % and the narrowest band experienced by NZD/USD for 4.20 %. Other pairs fluctuated interior the widest and the narrowest band performance. Accordingly, no price attacks, price manipulation, over-pricing, under-pricing as well as market sterilzation undertaken during this 2017.
The impact of the news, rumors, commentaries, opinions and the likes manipulated by the global investment managers have no impact on the price stability. The same performance is expected to experience during this 2017. No economic and financial instability which has to be anticipated. Global imbalance provoked by the Japanese is rational, however the imbalance is due to the fact of different skill on the management of the global economy by the developed nations.
The current unemployment rate 4.4 % in the United States also near the FED’s obligation to manage 4.00 % unemployment rate. However, the unemployment rate policy is adapted from time to time in accordance to the global economic and financial outlook.
The current width of bands and the international regulated width of bands provide substantial room for the Fed of New York in managing the USD price stability. At such, no issues observed on the USD currency band.