양파여사네 경제이야기

미 연준은 15일(현지시각) 정책금리(기준금리)를 0.75%bp 인상했다.

<6월 FOMC에서의 정책 결정 및 성명서 변화>

(1) 6월 FOMC 회의에서 미 연준은 정책금리 목표 범위를 75bp 인상(1.50~1.75%).
- 투표권을 가진 11명의 위원 중 10명이 찬성/ 에스더 조지 캔자스시티 연은 총재만 50bp 인상을 주장하며 반대표를 행사.

※ 75bp 인상은 1994년 11월 이후 처음
(지난 주 미국 소비자물가 쇼크와 WSJ 기사 이후 금융시장은 6월 75bp 인상 가능성을 선반영)

(2) 성명서 변경내용 : “인플레이션이 2% 목표치로 복귀하고 노동시장이 강력할 것”이라는 기존의 문구를 삭제
=> 이는 분기 경제전망에서의 물가 상승과 실업률 상승을 감안한 부분

경기에 대해서는 양호한 평가를 이어갔으며, “인플레이션을 2% 목표치로 되돌리는데
강력하게 전념하고 있다”는 문구를 추가해 물가안정에 대한 의지 강조


<성명서 전문>

FEDERAL RELEASE press release

For release at 2 p.m. EDT June 15, 2022

Overall economic activity appears to have picked up after edging down in the first
quarter. Job gains have been robust in recent months, and the unemployment rate has
remained low. Inflation remains elevated, reflecting supply and demand imbalances
related to the pandemic, higher energy prices, and broader price pressures.
The invasion of Ukraine by Russia is causing tremendous human and economic
hardship. The invasion and related events are creating additional upward pressure on
inflation and are weighing on global economic activity. In addition, COVID-related
lockdowns in China are likely to exacerbate supply chain disruptions. The
Committee is highly attentive to inflation risks.
The Committee seeks to achieve maximum employment and inflation at the rate
of 2 percent over the longer run. In support of these goals, the Committee decided to
raise the target range for the federal funds rate to 1-1/2 to 1-3/4 percent and
anticipates that ongoing increases in the target range will be appropriate. In addition,
the Committee will continue reducing its holdings of Treasury securities and agency
debt and agency mortgage-backed securities, as described in the Plans for Reducing
the Size of the Federal Reserve’s Balance Sheet that were issued in May. The
Committee is strongly committed to returning inflation to its 2 percent objective.
In assessing the appropriate stance of monetary policy, the Committee will
continue to monitor the implications of incoming information for the economic
outlook. The Committee would be prepared to adjust the stance of monetary policy
as appropriate if risks emerge that could impede the attainment of the Committee’s
goals. The Committee’s assessments will take into account a wide range of
information, including readings on public health, labor market conditions, inflation pressures and inflation expectations, and financial and international developments.
Voting for the monetary policy action were Jerome H. Powell, Chair; John C.
Williams, Vice Chair; Michelle W. Bowman; Lael Brainard; James Bullard; Lisa D.
Cook; Patrick Harker; Philip N. Jefferson; Loretta J. Mester; and Christopher J.
Waller. Voting against this action was Esther L. George, who preferred at this
meeting to raise the target range for the federal funds rate by 0.5 percentage point to
1-1/4 percent to 1-1/2 percent. Patrick Harker voted as an alternate member at this
meeting.