The Federal Reserve Board of Governors, the central bank of the United States, will hold a meeting to decide monetary policy from the 2nd.
It is expected that the scale of "quantitative easing" introduced as a crisis response to the spread of the new coronavirus will be officially decided, and the impact of the US policy change on the world economy will be watched.
In March of last year, when the outbreak of the new coronavirus spread rapidly, the Fed introduced two monetary easing measures, zero interest rate policy and quantitative easing to supply a large amount of money to the market, to support the economy. I did.
Regarding the quantitative easing, the Fed is expected to formally decide to start a response called "tapering" that will gradually reduce the funds supplied to the market at a meeting held from the 2nd to the 3rd.
This is because the employment situation has improved due to the resumption of economic activity, and one year and eight months after the first spread of the infection, US monetary policy will reach a turning point.
However, in the United States, the rise in prices has been prolonged due to the turmoil in the supply network and labor shortages, and the momentum of economic recovery has slowed. Is an issue.
The Fed will announce the results of the meeting early on the 4th of Japan time, and it will be interesting to see how the US policy shift will affect the world economy including Japan.