Comunicado del FOMC del 13 de diciembre de 2011
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 13 de diciembre de 2011. Frente al comunicado programado anterior, del 2 de noviembre de 2011: 4 frases cambiaron, 2 se añadieron, 4 se eliminaron y 9 se mantuvieron iguales. En palabras: 64 añadidas, 120 eliminadas. La votación de este comunicado: 1 miembro votó en contra: Charles L. Evans. La del comunicado del 2 de noviembre de 2011: 1 miembro votó en contra: Charles L. Evans.
Comunicado del FOMC · 13 de diciembre de 2011
Frases cambiadas frente al comunicado programado anterior (2 de noviembre de 2011)
9 sin cambios · 4 cambiadas · 2 añadidas · 4 eliminadas · palabras +64 / −120
- 2 de noviembre de 2011
- 1 miembro votó en contra: Charles L. Evans.
- 13 de diciembre de 2011
- 1 miembro votó en contra: Charles L. Evans.
Information received since the Federal Open Market Committee met in September indicates that economic growth strengthened somewhat in the third quarter, reflecting in part a reversal of the temporary factors that had weighed on growth earlier in the year.
Information received since the Federal Open Market Committee met in November suggests that the economy has been expanding moderately, notwithstanding some apparent slowing in global growth.
Nonetheless, recent While indicators point to continuing weakness some improvement in overall labor market conditions, and the unemployment rate remains elevated.
Household spending has increased at a somewhat faster pace in recent months.
Business investment in equipment and software Household spending has continued to expand advance, but business fixed investment in nonresidential structures is still weak, appears to be increasing less rapidly and the housing sector remains depressed.
Inflation appears to have moderated since earlier in the year as prices of energy and some commodities have declined from their peaks.
Inflation has moderated since earlier in the year, and longer-term inflation expectations have remained stable.
Moreover, there are significant downside risks to the economic outlook, including strains in global financial markets.
Strains in global financial markets continue to pose significant downside risks to the economic outlook.
The Committee also anticipates that inflation will settle, over coming quarters, at levels at or below those consistent with the Committee's dual mandate as the effects of past energy and other commodity price increases dissipate further.
Mostrar las 9 frases sin cambios
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
The Committee continues to expect a moderate pace of economic growth over coming quarters and consequently anticipates that the unemployment rate will decline only gradually toward levels that the Committee judges to be consistent with its dual mandate.
However, the Committee will continue to pay close attention to the evolution of inflation and inflation expectations.
To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee decided today to continue its program to extend the average maturity of its holdings of securities as announced in September.
The Committee is maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction.
The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate.
The Committee also decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that economic conditions--including low rates of resource utilization and a subdued outlook for inflation over the medium run--are likely to warrant exceptionally low levels for the federal funds rate at least through mid-2013.
The Committee will continue to assess the economic outlook in light of incoming information and is prepared to employ its tools to promote a stronger economic recovery in a context of price stability.
Voting against the action was Charles L. Evans, who supported additional policy accommodation at this time.
Fuente: Board of Governors of the Federal Reserve System — el comunicado en federalreserve.gov · 2 de noviembre de 2011
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.