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Comunicado del FOMC del 25 de abril 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 abril de 2012. Frente al comunicado programado anterior, del 13 de marzo de 2012: 7 frases cambiaron, 2 se añadieron, 0 se eliminaron y 8 se mantuvieron iguales. En palabras: 49 añadidas, 35 eliminadas. La votación de este comunicado: 1 miembro votó en contra: Jeffrey M. Lacker. La del comunicado del 13 de marzo de 2012: 1 miembro votó en contra: Jeffrey M. Lacker.

Comunicado del FOMC · 25 de abril de 2012

Frases cambiadas frente al comunicado programado anterior (13 de marzo de 2012)

8 sin cambios · 7 cambiadas · 2 añadidas · 0 eliminadas · palabras +49 / −35

13 de marzo de 2012
1 miembro votó en contra: Jeffrey M. Lacker.
25 de abril de 2012
1 miembro votó en contra: Jeffrey M. Lacker.
Cambiada

Information received since the Federal Open Market Committee met in January March suggests that the economy has been expanding moderately.

Cambiada

Labor market conditions have improved further in recent months; the unemployment rate has declined notably in recent months but remains elevated.

Añadida

Despite some signs of improvement, the housing sector remains depressed.

Cambiada

Inflation has been subdued in recent months picked up somewhat, although mainly reflecting higher prices of crude oil and gasoline have increased lately.

Cambiada

However, longer-term inflation expectations have remained stable.

Añadida

The Committee expects economic growth to remain moderate over coming quarters and then to pick up gradually.

Cambiada

Consequently, the Committee expects moderate economic growth over coming quarters and consequently anticipates that the unemployment rate will decline gradually toward levels that the Committee it judges to be consistent with its dual mandate.

Cambiada

Strains in global financial markets have eased, though they continue to pose significant downside risks to the economic outlook.

Cambiada

The recent increase in oil and gasoline prices will push up earlier this year is expected to affect inflation only temporarily, but and the Committee anticipates that subsequently inflation will run at or below the rate that it judges most consistent with its dual mandate.

Mostrar las 8 frases sin cambios
Sin cambios

Household spending and business fixed investment have continued to advance.

Sin cambios

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.

Sin cambios

To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee expects to maintain a highly accommodative stance for monetary policy.

Sin cambios

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.

Sin cambios

The Committee also decided to continue its program to extend the average maturity of its holdings of securities as announced in September.

Sin cambios

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.

Sin cambios

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.

Sin cambios

Voting against the action was Jeffrey M. Lacker, who does not anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate through late 2014.

Fuente: Board of Governors of the Federal Reserve System — el comunicado en federalreserve.gov · 13 de marzo de 2012

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.