{"id":144374,"date":"2019-03-25T10:53:29","date_gmt":"2019-03-25T14:53:29","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=144374"},"modified":"2019-03-25T10:53:29","modified_gmt":"2019-03-25T14:53:29","slug":"fed-gives-up-on-normalization","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/fed-gives-up-on-normalization\/","title":{"rendered":"Fed Gives Up on Normalization"},"content":{"rendered":"<div id=\"inves-2560743926\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 25, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Money Metals News Service<\/b><\/p>\n<p>Chairman Jerome Powell confirmed what many expected. The Fed is ending the effort to &#8220;normalize&#8221; &ndash; long before interest rates and the central bank&rsquo;s balance sheet size gets close to normal.<\/p>\n<p>Financial markets are hopelessly addicted to stimulus. The central bank fostered the addiction and has no intention of forcing markets into withdrawal.<\/p>\n<p>In fact, if stock prices deteriorate and growth continues to slow, investors can expect the Fed to quickly ramp up the stimulus, once again.<\/p>\n<p>The FOMC announcement was a complete about face. Until December, Fed bankers acted confident their extraordinary policy measures had promoted sustainable economic growth. Now, after only modest monetary tightening, that growth appears to be in jeopardy.<\/p>\n<p>It is good to see the mainstream <a href=\"https:\/\/www.wsj.com\/articles\/the-feds-credibility-dilemma-1458681883\" target=\"_blank\" rel=\"noopener noreferrer\">financial press<\/a> and more institutional voices on Wall Street beginning to question the Fed&rsquo;s credibility.<\/p><div id=\"inves-3294452737\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<hr>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/money-metals.png\" align=\"left\" height=\"79\" width=\"80\"> The Money Metals News Service provides market news and crisp commentary for investors following the precious metals markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Money Metals News Service Chairman Jerome Powell confirmed what many expected. The Fed is ending the effort to &#8220;normalize&#8221; &ndash; long before interest rates and the central bank&rsquo;s balance sheet size gets close to normal. Financial markets are hopelessly addicted to stimulus. The central bank fostered the addiction and has no intention of forcing [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-144374","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=144374"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144374\/revisions"}],"predecessor-version":[{"id":144375,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144374\/revisions\/144375"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=144374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=144374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=144374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}