Wednesday, 28 August 2013

Poll: Economists anticipate Fed to pull back in fourth quarter

Poll: Economists anticipate Fed to pull back in fourth quarter - The Washington Post wpostServer: http://css.washingtonpost.com/wpost Real Estate Rentals Cars Today's PaperGoing Out GuideFind&SaveService AlleyHome PostTVIn PostTVPoliticsIn PoliticsCongressCourts & LawThe Fed PageHealth CarePollingWhite HouseGovBeatMd. PoliticsVa. PoliticsD.C. PoliticsBlogs & Columns

sean_sullivanFormer Baucus staffer files paperwork...
Post Politics | Sean Sullivanglenn_kesslerThe Fact Checker is away
The Fact Checker | Glenn Kesslermichelle_bernardFifty years ago black immigrants...
She The People | Michelle Bernardsean_sullivanWhy the South Carolina governor's...
The Fix | Sean SullivanOpinionsIn OpinionsToles CartoonsTelnaes AnimationsThe Post's ViewLeft-LeaningRight-LeaningLocal OpinionsColumnist IndexFeatured Blogs

alexandra_petriPossible explanations for Miley...
ComPost | Alexandra Petrialex_seitz_waldThe problem with colorblindness
The Plum Line | Alex Seitz-Waldjonathan_capehartGeorge Zimmerman goes gun shopping
PostPartisan | Jonathan Capehartjennifer_rubinColin Powell's blunders
Right Turn | Jennifer RubinLocalIn LocalD.C.MarylandVirginiaCrimeEducationObituariesTransportationWeatherBlogs & ColumnsBlogs & Columns

jason_samenowThe Farmers' Almanac outrageous...
Capital Weather Gang | Jason Samenowtim_carmanThe District Fishwife to open in...
Going Out Guide | Tim Carmanlori_arataniOperator error caused Silver Line...
Dr. Gridlock | Lori ArataniSportsIn SportsRedskins/NFLCapitals/NHLWizards/NBANationals/MLBD.C.United/SoccerCollegesAllMetSportsBlogs & ColumnsForumsOtherSportsBlogs & Columns

katie_carreraBurke raves about Grabovski
Capitals Insider | Katie Carreradan_steinbergFedEx Field craft beer tailgate
DC Sports Bog | Dan Steinbergmike_jonesMeriweather expected to play Thursday
The Insider | Mike Jonesadam_kilgoreNats' schedule gets easy
Nationals Journal | Adam KilgoreNationalIn NationalEnergy &EnvironmentHealth & ScienceEducationNational SecurityInvestigationsOn FaithOn LeadershipInnovationsOn GivingCorrectionsBlogs & Columns

vivek_wadhwaMicrosoft's best hope for its post-Ballmer...
Innovations | Vivek Wadhwajena_mcgregorUPS to cut employees' working spouses...
On Leadership | Jena McGregorherb_silvermanDo Christian conservatives believe...
On Faith | Herb SilvermanWorldIn WorldAfricaTheAmericasAsia &PacificEuropeMiddle EastNational SecurityWar ZonesSpecial ReportsColumns & BlogsBlogs & Columns

max_fisherThe Middle East, explained in one...
WorldViews | Max Fisherruth_eglashNetanyahu starts in children's...
WorldViews | Ruth Eglashandrea_petersonSatellite imagery and warfare
WorldViews | Andrea Petersonmax_fisherCases for and against U.S. strikes...
WorldViews | Max FisherBusinessIn BusinessEconomyIndustriesLocal BusinessMarketsPolicy&RegulationTechnologyWorldBusinessCapital BusinessOn Small BusinessOn I.T.Blogs & Columns

michelle_singletaryA new parent feels the stress,...
The Color of Money | Michelle Singletaryezra_kleinWhen consumers can't say 'no'
Wonkblog | Ezra KleinTechIn TechnologyPolicyInnovationGreenTechnologyThe SwitchPhotoGalleriesBlogs & Columns

hayley_tsukayamaStudious keeps your academic life...
Hayley Tsukayamacaitlin_deweyStudy: Piracy actually helps small...
The Switch | Caitlin Deweybrian_fungBitcoin is running the federal...
The Switch | Brian Fungandrea_petersonSatellite imagery can be used to...
The Switch | Andrea PetersonLifestyleIn LifestyleAdviceCarolyn HaxFoodHome & GardenStyleTravelWeddingsWellnessMagazineKidsPostOn ParentingBlogs & Columns

ron_charlesNew biography to present a less...
The Style Blog | Ron Charlesrachel_lubitzNames & Faces: Alec Baldwin...
The Reliable Source | Rachel LubitzEntertainmentIn EntertainmentBooksComicsGoing Out GuideHoroscopesMoviesMuseumsMusicPuzzles & GamesTheater &DanceTVBlogs & Columns

david_betancourtDC’s ‘Trinity War&rsquo...
Comic Riffs | David Betancourttim_carmanThe District Fishwife to open in...
Going Out Guide | Tim CarmanJobsIn Jobs#header-v3 #main-nav li.realestate{display:none;}#header-v3 #main-nav li a.top, #header-v3 #main-nav li a.top:link, #header-v3 #main-nav li a.top:visited, #header-v3 #main-nav li a.top:hover {font-size:13px;padding: 0 4px 0 5px !important;}#header-v3 #main-nav li a.home, #header-v3 #main-nav li a.home:link, #header-v3 #main-nav li a.home:visited, #header-v3 #main-nav li a.home:hover {padding: 0px !important;}#header-v3 #main-nav li.politics {border-left:none;}#header-v3 #main-nav li.classifieds {border-right:none;}#header-v3 #main-nav-wrapper-v2 .classifieds .rollMe {right:-1px;height:155px;width:260px;}#header-v3 #main-nav li.politics:hover {-moz-box-shadow: none;-webkit-box-shadow: none;box-shadow: none;}MoreClassifiedsCarsDealsReal EstateRentalsPhotosBlogsDiscussionsFind&SaveObituariesArchivesTopicsWP Wine ClubService AlleyBusiness In the NewsSyria Bo Xilai U.S. Open Delbert Belton Yosemite fire Miley Cyrus ‘N Sync body .ui-menu-item { margin: 4px 0; text-align: left; text-indent: 10px;}body .ui-autocomplete.ui-widget-content{ border-top: medium none; border-top-left-radius: 0; border-top-right-radius: 0; display: block; left: 154px; position: absolute; width: 199px; z-index: 1;}body .ui-widget-content a { background-image: none !important; border: medium none !important; border-radius: 0 0 0 0; color: #222222; cursor: pointer; display: block; line-height: 1.8em; margin: 0; padding: 0; width: 100%;}.search input{ width: 200px;}???initialComments:true! pubdate:08/26/2013 10:33 EDT! commentPeriod:14! commentEndDate:9/9/13 10:33 EDT! currentDate:8/25/13 8:0 EDT! allowComments:true! displayComments:true!U.N. inspectors visit Syrian site

First and 17 | The prize recruit

PHOTOS | Highlights from MTV’s VMAs

Ohio couple married 65 years die 11 hours...

Poll: Economists anticipate Fed to pull back in fourth quarter By Ylan Q. Mui, E-mail the writer

Nearly 40 percent of economists polled in a new industry survey believe the Federal Reserve will not begin to scale back its multibillion-dollar stimulus program until the fourth quarter, despite widespread speculation that the central bank will pull back sooner.

The survey, released Monday by the National Association of Business Economists, polled 220 of its members. Only 10 percent anticipated that the Fed would decide to begin tapering its $85 billion in monthly bond purchases at its meeting in September. About 27 percent did not believe it would start until the first quarter of 2014.

More business news

UPS to cut employees' working spouses from its health plansUPS to cut employees' working spouses from its health plans Jena McGregor

Employers usually prefer to make employees pay more as costs increase. Cutting benefit options entirely is much rarer.

How Wall Street should change its intern cultureHow Wall Street should change its intern culture Jena McGregor

As long as such jobs dangle the lure of vast riches, people are going to work hard--in some cases, too hard--to reach them.

Can crowdfunding fill ‘black hole’ in the stock market?Can crowdfunding fill ‘black hole’ in the stock market? J.D. Harrison

Some are concerned new regulations meant to protect investors will water down the impact of crowdfunding and the JOBS Act.

SEC delays spark hostility on Capitol HillMore business news

The exact date of the first reduction in Fed stimulus has loomed over investors since Chairman Ben S. Bernanke said in June that the central bank would likely begin the process this year and end the program altogether when the unemployment rate hits 7 percent, which is expected to occur in mid-2014. The announcement ignited a sell-off in the markets, which have been spooked by the prospect ever since.

Minutes of the Fed’s most recent meeting show that officials remain divided over whether the economy is strong enough to support a slowdown in stimulus. The bond-buying program is intended to tamp down long-term interest rates and boost demand among consumers and businesses. Some officials believe tepid job growth and weaker-than-anticipated GDP support are delaying a slowdown in stimulus, while others worry about the mounting risks of continued bond-buying.

The NABE survey showed 57 percent of economists believed current monetary policy was “about right,” about the same percentage as in March. But half believed the Fed would begin to raise short-term interest rates in 2014 — ahead of central bank officials’ own projections.

In their most recent forecast, 15 of the Fed’s top officials said they do not plan on raising rates until 2015. Only three projected a rate hike next year.

The Fed has tried to separate expectations for its bond-buying program from the path of short-term interest rates. Officials have said the Fed will not raise rates from near zero at least until the unemployment rate hits 6.5 percent or inflation reaches 2.5 percent.

While the NABE survey showed about one-third of economists supporting that bar for unemployment, about as many think it should be broadened or replaced with other measures of labor market conditions. Fifteen percent said it should be eliminated.

Economists were much more comfortable with the Fed’s inflation target, according to the NABE poll. About 70 percent believed that threshold should stand.

Reprints$('.infoButton').on( 'mouseenter', function(e){$(this).children().show();} ).on( 'mouseleave' , function(e){$(this).children().hide();} );Discussion Policy | FAQ | About DiscussionsLoading...

Comments

Add your comment  Read what others are sayingAbout Badges SuperFan Badge

SuperFan badge holders consistently post smart, timely comments about Washington area sports and teams.

More about badges | Request a badge

Culture Connoisseur Badge

Culture Connoisseurs consistently offer thought-provoking, timely comments on the arts, lifestyle and entertainment.

More about badges | Request a badge

Fact Checker Badge

Fact Checkers contribute questions, information and facts to The Fact Checker.

More about badges | Request a badge

Washingtologist Badge

Washingtologists consistently post thought-provoking, timely comments on events, communities, and trends in the Washington area.

More about badges | Request a badge

Post Writer Badge

This commenter is a Washington Post editor, reporter or producer.

Post Forum Badge

Post Forum members consistently offer thought-provoking, timely comments on politics, national and international affairs.

More about badges | Request a badge

Weather Watcher Badge

Weather Watchers consistently offer thought-provoking, timely comments on climates and forecasts.

More about badges | Request a badge

World Watcher Badge

World Watchers consistently offer thought-provoking, timely comments on international affairs.

More about badges | Request a badge

Post Contributor Badge

This commenter is a Washington Post contributor. Post contributors aren’t staff, but may write articles or columns. In some cases, contributors are sources or experts quoted in a story.

More about badges | Request a badge

Post Recommended

Washington Post reporters or editors recommend this comment or reader post.

You must be logged in to report a comment.

Sign in here

You must be logged in to recommend a comment.

Sign in here

Comments our editors find particularly useful or relevant are displayed in Top Comments, as are comments by users with these badges: . Replies to those posts appear here, as well as posts by staff writers.

All comments are posted in the All Comments tab.

More about badgesGet a badge

To pause and restart automatic updates, click "Live" or "Paused". If paused, you'll be notified of the number of additional comments that have come in.


Comments our editors find particularly useful or relevant are displayed in Top Comments, as are comments by users with these badges: . Replies to those posts appear here, as well as posts by staff writers. SpamObsceneDuplicate .singular .echo-item-control-Share #newsharebar li .more {left: -565px;top: 10px;} Facebook Twitter Reddit StumbleUpon Digg Delicious Top business StoriesMost Popular VideosIntroducing "The Tuition is Too Damn High"The case for Stan FischerThe West is facing a looming horse apocalypse. No, really.Are central banks the problem?The coming fight over soccer stadium planJonathan O'Connell 

Steve Ballmer didn't understand tabletsValue Added: Washington’s growth drives parking empireThomas Heath 

How Goya brought ethnic food to white America These three paragraphs say everything about ObamacareWhen consumers can't say 'no'Satellite imagery can be used to violate human rights, or to protect themFDIC waging legal battle against hundreds of former bank leadersDanielle Douglas 

What's next for central banking?'Dear Dylan': Handling group house dramaNow private, SRA lowers values of three business unitsMarjorie Censer 

Reston firm helps health-care providers ID high-risk patientsMohana Ravindranath 

Zuckerberg's plan to increase Internet access could make Facebook $3.5 billionThis awesome video explains how to read the jobs dataEverything you need to know about Obama's higher ed planYou give religions over $82.5 billion a year The Post Most: BusinessMost-viewed stories, videos and galleries int he past two hours

Most PopularIntroducing "The Tuition is Too Damn High"The case for Stan FischerThe West is facing a looming horse apocalypse. No, really.Are central banks the problem?The coming fight over soccer stadium planTop VideosSan Diego mayor agrees to resignDrones poised to be $11 billion yearly businessNew app lets you pay with your faceGraham details anatomy of Washington Post dealLego Mindstorms lets kids be programmersTop GalleriesGoya behind the scenesThe 30 richest members of CongressGamescom 2013: What's coming to the next-generation Xbox and PlayStation consolesNot your grandmother's milkmanThe fastest growing small business sectors heading into 2013 World Markets from      

  Other Market Data from      

  Key Rates from      

 Post Newsletters & Alerts

Sign-up for e-mail newsletters and alerts and get the news you need delivered directly to your inbox.

 Local Business AlertsEconomy & Business News AlertsTechnology News AlertsCapital BusinessEzra Klein's WonkbookPersonal FinanceTechNews Daily ReportSee all Washington Post Newsletters

The Washington PostPoliticsOpinionsLocalSportsNationalWorldBusinessTechLifestyleEntertainmentPhotoVideoBlogsClassifieds More ways to get us

Home delivery Mobile & Apps RSS Facebook Twitter Social Reader Newsletter & Alerts Washington Post Live Reprints & Permissions Post Store e-Replica Archive Contact Us

Help & Contact Info Reader Representative Careers Digital Advertising Newspaper Advertising News Service & Syndicate About Us

The Washington Post Company In the community PostPoints Newspaper in Education Digital Publishing Guidelines Partners

Capital Business Capitol Deal El Tiempo Latino Express Find&Save Foreign Policy Washington Post Master Class Parade Magazine Washington Post Tickets The Root Service Alley Slate StudentAdvisor Trove WP Wine Club washingtonpost.com © 1996- The Washington Post Terms of Service Privacy PolicySubmissions and Discussion PolicyRSS Terms of Service Ad Choices Section:/business/economy

View the original article here


This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

No comments:

Post a Comment