Comunicado del FOMC del 23 de junio de 2010
Este comunicado del Federal Open Market Committee, comparado frase por frase con el comunicado programado anterior: qué cambió en el texto y cómo votó el Comité.
En pocas palabras
El Federal Open Market Committee publicó este comunicado el 23 de junio de 2010. Frente al comunicado programado anterior, del 28 de abril de 2010: 6 frases cambiaron, 3 se añadieron, 3 se eliminaron y 3 se mantuvieron iguales. En palabras: 71 añadidas, 121 eliminadas. La votación de este comunicado: 1 miembro votó en contra: Thomas M. Hoenig. La del comunicado del 28 de abril de 2010: 1 miembro votó en contra: Thomas M. Hoenig.
Comunicado del FOMC · 23 de junio de 2010
Frases cambiadas frente al comunicado programado anterior (28 de abril de 2010)
3 sin cambios · 6 cambiadas · 3 añadidas · 3 eliminadas · palabras +71 / −121
- 28 de abril de 2010
- 1 miembro votó en contra: Thomas M. Hoenig.
- 23 de junio de 2010
- 1 miembro votó en contra: Thomas M. Hoenig.
Information received since the Federal Open Market Committee met in March April suggests that the economic activity has continued to strengthen recovery is proceeding and that the labor market is beginning to improve improving gradually.
Growth in Household spending has picked up recently is increasing but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit.
Business spending on equipment and software has risen significantly; however, investment in nonresidential structures is declining continues to be weak and employers remain reluctant to add to payrolls.
Housing starts have edged up but remain at a depressed level.
While bank lending continues to contract, financial market conditions remain supportive of economic growth.
Financial conditions have become less supportive of economic growth on balance, largely reflecting developments abroad.
Bank lending has continued to contract in recent months.
Although the pace of economic recovery is likely to be moderate for a time Nonetheless, the Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability, although the pace of economic recovery is likely to be moderate for a time.
In light of improved functioning of financial markets, the Federal Reserve has closed all but one of the special liquidity facilities that it created to support markets during the crisis.
The only remaining such program, the Term Asset-Backed Securities Loan Facility, is scheduled to close on June 30 for loans backed by new-issue commercial mortgage-backed securities; it closed on March 31 for loans backed by all other types of collateral.
Prices of energy and other commodities have declined somewhat in recent months, and underlying inflation has trended lower.
Voting against the policy action was Thomas M. Hoenig, who believed that continuing to express the expectation of exceptionally low levels of the federal funds rate for an extended period was no longer warranted because it could lead to a build-up of future imbalances and increase risks to longer run longer-run macroeconomic and financial stability, while limiting the Committee's flexibility to begin raising rates modestly.
Mostrar las 3 frases sin cambios
With substantial resource slack continuing to restrain cost pressures and longer-term inflation expectations stable, inflation is likely to be subdued for some time.
The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary to promote economic recovery and price stability.
Fuente: Board of Governors of the Federal Reserve System — el comunicado en federalreserve.gov · 28 de abril de 2010
Cómo leer esta página
La página pone este comunicado del Federal Open Market Committee junto al programado anterior, frase por frase. Las frases de la Fed se muestran tal como se publicaron, en inglés.
En una frase cambiada, las palabras que salieron aparecen tachadas y las nuevas, subrayadas. Una frase que solo está en el comunicado posterior se marca como añadida; una que solo está en el anterior, como eliminada. Las frases sin cambios aparecen plegadas.
Las cifras dicen cuántas frases caen en cada uno de esos grupos y cuántas palabras se añadieron y se eliminaron. Cuentan cambios; no los ponderan.
Las líneas de votación muestran cómo votó el Comité cada comunicado y quién votó en contra, tal como lo indica el propio comunicado.
La comparación sigue una regla fija, no un modelo, y no interpreta el texto.
El texto de la Fed se muestra en su inglés original y no se traduce. Esta página solo muestra qué cambió en el texto; no es una lectura de dirección, tono ni riesgo, y no forma parte de la puntuación MVIE. MVIE Pro es investigación independiente y no está vinculado a la Reserva Federal.