Comunicado del FOMC del 25 de enero de 2012
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 25 de enero de 2012. Frente al comunicado programado anterior, del 13 de diciembre de 2011: 8 frases cambiaron, 3 se añadieron, 4 se eliminaron y 3 se mantuvieron iguales. En palabras: 154 añadidas, 165 eliminadas. La votación de este comunicado: 1 miembro votó en contra: Jeffrey M. Lacker. La del comunicado del 13 de diciembre de 2011: 1 miembro votó en contra: Charles L. Evans.
Comunicado del FOMC · 25 de enero de 2012
Frases cambiadas frente al comunicado programado anterior (13 de diciembre de 2011)
3 sin cambios · 8 cambiadas · 3 añadidas · 4 eliminadas · palabras +154 / −165
- 13 de diciembre de 2011
- 1 miembro votó en contra: Charles L. Evans.
- 25 de enero de 2012
- 1 miembro votó en contra: Jeffrey M. Lacker.
Information received since the Federal Open Market Committee met in November December suggests that the economy has been expanding moderately, notwithstanding some apparent slowing in global growth.
While indicators point to some further improvement in overall labor market conditions, the unemployment rate remains elevated.
Household spending has continued to advance, but growth in business fixed investment appears to be increasing less rapidly has slowed, and the housing sector remains depressed.
Inflation has moderated since earlier been subdued in the year recent months, and longer-term inflation expectations have remained stable.
The Committee continues to expect a moderate pace of expects economic growth over coming quarters to be modest and consequently anticipates that the unemployment rate will decline only gradually toward levels that the Committee judges to be consistent with its dual mandate.
The Committee also anticipates that inflation will settle, over coming quarters, inflation will run at levels at or below those consistent with the Committee's 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 expects to continue its program to extend the average maturity of its holdings of securities as announced in September maintain a highly accommodative stance for monetary policy.
In particular, the Committee decided today 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 late 2014.
The Committee also decided to continue its program to extend the average maturity of its holdings of securities as announced in September.
The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate to promote a stronger economic recovery in a context of price stability.
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.
Voting against the action was Jeffrey M. Lacker, who preferred to omit the description of the time period over which economic conditions are likely to warrant exceptionally low levels of the federal funds rate.
Mostrar las 3 frases sin cambios
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
Strains in global financial markets continue to pose significant downside risks to the economic outlook.
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.
Fuente: Board of Governors of the Federal Reserve System — el comunicado en federalreserve.gov · 13 de diciembre 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.