Comunicado del FOMC del 3 de marzo de 2020
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 no programado el 3 de marzo de 2020 (March 2 (unscheduled) Meeting - 2020). Frente al comunicado programado anterior, del 29 de enero de 2020: 0 frases cambiaron, 4 se añadieron, 11 se eliminaron y 0 se mantuvieron iguales. En palabras: 86 añadidas, 273 eliminadas. La votación de este comunicado: Unánime. La del comunicado del 29 de enero de 2020: Unánime.
Un comunicado no programado (calendario de la Fed: «March 2 (unscheduled) Meeting - 2020»). Se compara con el comunicado programado anterior; por la diferencia de formato, muchas frases pueden parecer cambiadas. La comparación con el comunicado inmediatamente anterior está más abajo.
Comunicado del FOMC · 3 de marzo de 2020
Frases cambiadas frente al comunicado programado anterior (29 de enero de 2020)
0 sin cambios · 0 cambiadas · 4 añadidas · 11 eliminadas · palabras +86 / −273
- 29 de enero de 2020
- Unánime.
- 3 de marzo de 2020
- Unánime.
Information received since the Federal Open Market Committee met in December indicates that the labor market remains strong and that economic activity has been rising at a moderate rate.
Job gains have been solid, on average, in recent months, and the unemployment rate has remained low.
Although household spending has been rising at a moderate pace, business fixed investment and exports remain weak.
On a 12‐month basis, overall inflation and inflation for items other than food and energy are running below 2 percent.
Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
The Committee decided to maintain the target range for the federal funds rate at 1‐1/2 to 1-3/4 percent.
The Committee judges that the current stance of monetary policy is appropriate to support sustained expansion of economic activity, strong labor market conditions, and inflation returning to the Committee's symmetric 2 percent objective.
The Committee will continue to monitor the implications of incoming information for the economic outlook, including global developments and muted inflation pressures, as it assesses the appropriate path of the target range for the federal funds rate.
In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective.
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 fundamentals of the U.S. economy remain strong.
However, the coronavirus poses evolving risks to economic activity.
In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage point, to 1 to 1‐1/4 percent.
The Committee is closely monitoring developments and their implications for the economic outlook and will use its tools and act as appropriate to support the economy.
Fuente: Board of Governors of the Federal Reserve System — el comunicado en federalreserve.gov · 29 de enero de 2020
Frente al comunicado inmediatamente anterior (29 de enero de 2020)
Comunicado del FOMC · 3 de marzo de 2020
Frases cambiadas frente al comunicado anterior (29 de enero de 2020)
0 sin cambios · 0 cambiadas · 4 añadidas · 11 eliminadas · palabras +86 / −273
- 29 de enero de 2020
- Unánime.
- 3 de marzo de 2020
- Unánime.
Information received since the Federal Open Market Committee met in December indicates that the labor market remains strong and that economic activity has been rising at a moderate rate.
Job gains have been solid, on average, in recent months, and the unemployment rate has remained low.
Although household spending has been rising at a moderate pace, business fixed investment and exports remain weak.
On a 12‐month basis, overall inflation and inflation for items other than food and energy are running below 2 percent.
Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
The Committee decided to maintain the target range for the federal funds rate at 1‐1/2 to 1-3/4 percent.
The Committee judges that the current stance of monetary policy is appropriate to support sustained expansion of economic activity, strong labor market conditions, and inflation returning to the Committee's symmetric 2 percent objective.
The Committee will continue to monitor the implications of incoming information for the economic outlook, including global developments and muted inflation pressures, as it assesses the appropriate path of the target range for the federal funds rate.
In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective.
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 fundamentals of the U.S. economy remain strong.
However, the coronavirus poses evolving risks to economic activity.
In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage point, to 1 to 1‐1/4 percent.
The Committee is closely monitoring developments and their implications for the economic outlook and will use its tools and act as appropriate to support the economy.
Fuente: Board of Governors of the Federal Reserve System — el comunicado en federalreserve.gov · 29 de enero de 2020
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.