FOMC Minutes – October 12, 2011
This is fun. A colorful discussion with lots of opposing views.
Posts Tagged ‘FOMC Minutes’
FOMC Minutes – August 30, 2011
Looks like we have some eager FOMC members, so I suspect that we will have a serious discussion on QE 3 during the next FOMC meeting which will be held on 20th and 21st September.
FOMC Statement – April 27, 2011
As expected: rising commodity prices increased inflation but the effect are only transitory, asset purchase programs will be completed as scheduled, extended period formulation still here.
FOMC Minutes – April 5, 2011
Inflation is transitory (whatever that means), no sign of removing “extended period” formulation, asset purchasing program to be completed.
FOMC Statement – March 15, 2011
The wording on strength of economic recovery is upgraded (“economic recovery is on a firmer footing”). Some improvement in labor market recognized.
Energy and commodities rising prices effect on inflation downplayed.
FOMC Minutes – February 16, 2011
Did not have time to review this yesterday… Most important – economic projections were raised up. Theme remains unchanged: inflate.
FOMC Statement – January 26, 2011
New: Formulation that despite rise in commodity prices longer-term inflation expectations have remained stable and; Since Mr. Hoenig in no longer a voting member all FOMC members voted in favor of FOMC monetary policy action.
FOMC Minutes – January 4, 2011
Nothing exciting and new upon first (skim)reading.
FOMC Statement – December 14, 2010
Literally nothing new here.
FOMC Minutes – November 23, 2010
Only thing interesting are revisions to the committee’s forecasts for growth, unemployment, and inflation in the next three years.
FOMC Statement – November 3, 2010
$600 million over 8 months. More than consensus, but less what was expected before WSJ story. The pace of asset buying on lower bound of expectations. FED Press Release. Slow recovery confirmed. Core inflation measures moved lower. Information received since the Federal Open Market Committee met in September confirms that the pace of recovery in […]
FOMC Minutes – October 12, 2010
Nothing special here, FOMC is determinate to provide further monetary stimulus by purchasing longer-dated treasuries. The question which they debated on is whether to provide these measures in case the speed of growth doesn’t pick up or in case the economic condition worsen. My take is, I would not bet that they will announce asset buying programe during November meeting, and […]
FOMC Statement, September 21 2010
They admitted only that the pace of recovery has slowed in recent months and introduced a hint of additional measures. Like I expected only the weakening economic activity is not fully addressed. Unexpectedly a fear of deflation and a will to fight it is introduced into statement (in two instances), in my view completely off the mark. The main […]
FOMC Minutes – August 31, 2010
Integral version. In general, something for everybody. Looks like it puzzled the markets, but I think the focus tomorrow will be on FOMC unwillingness (for the time being) to “resume large-scale asset purchases”. My take: Economic outlook. Little bit too positive in my view. In the economic forecast prepared for the AugustFOMC meeting, the staff lowered its projection for theincrease […]