The increase in the monetary policy interest rate at the Fed was leaked to the media before it happened.
An article in the Wall Street Journal, in which it was reported that a rise of this caliber was being actively studied, could be an intentional leak by the committee to guide the markets in that direction, ”he stated on Wednesday. James McCanneconomist from abrdn.
On Tuesday, Markus Allenspachfixed income strategist at julius baeralready highlighted in a comment that “a report in the American newspaper, a newspaper that Fed officials have used in the past to guide market expectations, suggested the introduction of a series of massive rate hikes that would surprise the market ».
Analysts from firms like Jefferies or Barclays had already jumped over the weekend to the ‘ship’ of 75 basis points.
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This is the largest rate hike since 1994, when Democrat Bill Clinton was at the head of the White House and the FED it was directed by the historical Alan Greenspan.
On the other hand, the FED announced that it will continue to reduce its public debt portfolio of the US Government, mainly made up of bills of the Treasure and securities backed by mortgage loans.
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Currently, the central bank accumulates about $9 trillion in US debt.
As it has already done in June, the FED In July and August, $30 billion in Treasury bills and $17.5 billion in mortgage-backed securities will be sold each month.
As of September, these monthly figures will rise to 60,000 million dollars and 35,000 million respectively, and the process will conclude when levels are reached that are considered
