Comunicado del FOMC del 16 de marzo de 2022
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 16 de marzo de 2022. Frente al comunicado programado anterior, del 26 de enero de 2022: 2 frases cambiaron, 6 se añadieron, 10 se eliminaron y 6 se mantuvieron iguales. En palabras: 163 añadidas, 243 eliminadas. La votación de este comunicado: 1 miembro votó en contra: James Bullard. La del comunicado del 26 de enero de 2022: Unánime.
Comunicado del FOMC · 16 de marzo de 2022
Frases cambiadas frente al comunicado programado anterior (26 de enero de 2022)
6 sin cambios · 2 cambiadas · 6 añadidas · 10 eliminadas · palabras +163 / −243
- 26 de enero de 2022
- Unánime.
- 16 de marzo de 2022
- 1 miembro votó en contra: James Bullard.
The sectors most adversely affected by the pandemic have improved in recent months but are being affected by the recent sharp rise in COVID-19 cases.
Job gains have been solid strong in recent months, and the unemployment rate has declined substantially.
Supply and demand imbalances related to the pandemic and the reopening of the economy have continued to contribute to elevated levels of inflation.
Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
The path of the economy continues to depend on the course of the virus.
Progress on vaccinations and an easing of supply constraints are expected to support continued gains in economic activity and employment as well as a reduction in inflation.
Risks to the economic outlook remain, including from new variants of the virus.
Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.
The invasion of Ukraine by Russia is causing tremendous human and economic hardship.
The implications for the U.S. economy are highly uncertain, but in the near term the invasion and related events are likely to create additional upward pressure on inflation and weigh on economic activity.
With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain strong.
In support of these goals, the Committee decided to keep raise the target range for the federal funds rate at 0 to 1/4 to 1/2 percent and anticipates that ongoing increases in the target range will be appropriate.
With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate.
The Committee decided to continue to reduce the monthly pace of its net asset purchases, bringing them to an end in early March.
Beginning in February, the Committee will increase its holdings of Treasury securities by at least $20 billion per month and of agency mortgage‐backed securities by at least $10 billion per month.
The Federal Reserve's ongoing purchases and holdings of securities will continue to foster smooth market functioning and accommodative financial conditions, thereby supporting the flow of credit to households and businesses.
In addition, the Committee expects to begin reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities at a coming meeting.
Voting against this action was James Bullard, who preferred at this meeting to raise the target range for the federal funds rate by 0.5 percentage point to 1/2 to 3/4 percent.
Mostrar las 6 frases sin cambios
Indicators of economic activity and employment have continued to strengthen.
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run.
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook.
The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals.
The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation expectations, and financial and international developments.
Patrick Harker voted as an alternate member at this meeting.
Fuente: Board of Governors of the Federal Reserve System — el comunicado en federalreserve.gov · 26 de enero de 2022
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.