Comunicado del FOMC del 17 de junio de 2015
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 17 de junio de 2015. Frente al comunicado programado anterior, del 29 de abril de 2015: 6 frases cambiaron, 1 se añadió, 2 se eliminaron y 12 se mantuvieron iguales. En palabras: 51 añadidas, 66 eliminadas. La votación de este comunicado: Unánime. La del comunicado del 29 de abril de 2015: Unánime.
Comunicado del FOMC · 17 de junio de 2015
Frases cambiadas frente al comunicado programado anterior (29 de abril de 2015)
12 sin cambios · 6 cambiadas · 1 añadida · 2 eliminadas · palabras +51 / −66
- 29 de abril de 2015
- Unánime.
- 17 de junio de 2015
- Unánime.
Information received since the Federal Open Market Committee met in March April suggests that economic growth slowed activity has been expanding moderately after having changed little during the winter months, in part reflecting transitory factors first quarter.
The pace of job gains moderated, and picked up while the unemployment rate remained steady.
On balance, a range of labor market indicators suggests that underutilization of labor resources was little changed diminished somewhat.
Growth in household spending declined; households' real incomes rose strongly, partly reflecting earlier declines in energy prices, and consumer sentiment remains high.
Business fixed investment softened, the recovery in the housing sector remained slow, and exports declined.
Growth in household spending has been moderate and the housing sector has shown some improvement; however, business fixed investment and net exports stayed soft.
Inflation continued to run below the Committee's longer-run objective, partly reflecting earlier declines in energy prices and decreasing prices of non-energy imports; energy prices appear to have stabilized.
Although growth in output and employment slowed during the first quarter, The Committee continues to expect expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace, with labor market indicators continuing to move toward levels the Committee judges consistent with its dual mandate.
Inflation is anticipated to remain near its recent low level in the near term, but the Committee expects inflation to rise gradually toward 2 percent over the medium term as the labor market improves further and the transitory effects of earlier declines in energy and import prices dissipate.
Mostrar las 12 frases sin cambios
Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations have remained stable.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
The Committee continues to see the risks to the outlook for economic activity and the labor market as nearly balanced.
The Committee continues to monitor inflation developments closely.
To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains appropriate.
In determining how long to maintain this target range, the Committee will assess progress--both realized and expected--toward its objectives of maximum employment and 2 percent inflation.
This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.
The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.
The Committee is maintaining its existing policy 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.
This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.
When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent.
The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run.
Fuente: Board of Governors of the Federal Reserve System — el comunicado en federalreserve.gov · 29 de abril de 2015
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.