21 Eylül 2010 tarihli FOMC bildirisi
Federal Açık Piyasa Komitesi'nin bu bildirisi, kendinden önceki planlı bildiriyle cümle cümle karşılaştırılıyor: metinde ne değişti ve Komite nasıl oy verdi.
Kısaca
Federal Açık Piyasa Komitesi bu bildiriyi 21 Eylül 2010 tarihinde yayımladı. 10 Ağustos 2010 tarihli önceki planlı bildiriye göre: 10 cümle değişti, 4 cümle eklendi, 3 cümle çıkarıldı ve 1 cümle aynı kaldı. Kelime olarak: 137 eklendi, 156 çıkarıldı. Bu bildirinin oylaması: 1 üye karşı oy verdi: Thomas M. Hoenig. 10 Ağustos 2010 bildirisinin oylaması: 1 üye karşı oy verdi: Thomas M. Hoenig.
FOMC bildirisi · 21 Eylül 2010
Önceki planlı bildiriye (10 Ağustos 2010) göre değişen cümleler
1 aynı · 10 değişti · 4 eklendi · 3 çıkarıldı · kelime +137 / −156
- 10 Ağustos 2010
- 1 üye karşı oy verdi: Thomas M. Hoenig.
- 21 Eylül 2010
- 1 üye karşı oy verdi: Thomas M. Hoenig.
Information received since the Federal Open Market Committee met in June August indicates that the pace of recovery in output and employment has slowed in recent months.
Business spending on equipment and software is rising; however, though less rapidly than earlier in the year, while investment in nonresidential structures continues to be weak and employers remain reluctant to add to payrolls.
Employers remain reluctant to add to payrolls.
Housing starts remain are at a depressed level.
Bank lending has continued to contract, but at a reduced rate in recent months.
Nonetheless, The Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability, although the pace of economic recovery is likely to be more modest in the near term than had been anticipated.
Measures of underlying inflation are currently at levels somewhat below those the Committee judges most consistent, over the longer run, with its mandate to promote maximum employment and price stability.
Measures of underlying inflation have trended lower in recent quarters and, With substantial resource slack continuing to restrain cost pressures and longer-term inflation expectations stable, inflation is likely to be remain subdued for some time before rising to levels the Committee considers consistent with its mandate.
The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of for the federal funds rate for an extended period.
To help support the economic recovery in a context of price stability, the Committee will keep constant the Federal Reserve's holdings of securities at their current level by reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities.
1 The Committee will continue to roll over the Federal Reserve's holdings of Treasury securities as they mature.
The Committee also will maintain its existing policy of reinvesting principal payments from its securities holdings.
The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary is prepared to promote provide additional accommodation if needed to support the economic recovery and price stability to return inflation, over time, to levels consistent with its mandate.
Voting against the policy was Thomas M. Hoenig, who judges judged that the economy is recovering modestly, as projected continues to recover at a moderate pace.
Accordingly, he believed that continuing to express the expectation of exceptionally low levels of the federal funds rate for an extended period was no longer warranted and limits the Committee's ability will lead to adjust policy when needed future imbalances that undermine stable long-run growth.
In addition, given economic and financial conditions, Mr. Hoenig did not believe that keeping constant the size of the Federal Reserve's continuing to reinvest principal payments from its securities holdings of longer-term securities at their current level was required to support a return to the Committee's policy objectives.
The Open Market Desk will issue a technical note shortly after the statement providing operational details on how it will carry out these transactions.
Değişmeyen 1 cümleyi göster
Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit.
Kaynak: Board of Governors of the Federal Reserve System — bildirinin kendisi (federalreserve.gov) · 10 Ağustos 2010
Bu sayfa nasıl okunur
Sayfa Federal Açık Piyasa Komitesi'nin bu bildirisini kendinden önceki planlı bildiriyle cümle cümle yan yana koyar. Fed'in cümleleri yayımlandığı gibi, İngilizce gösterilir.
Değişen bir cümlede çıkan kelimeler üstü çizili, yeni kelimeler altı çizili görünür. Yalnız yeni bildiride olan cümle eklendi, yalnız eskisinde olan çıkarıldı diye işaretlenir. Değişmeyen cümleler kapalı durur.
Sayılar her gruba kaç cümle düştüğünü ve kaç kelime eklenip çıkarıldığını söyler. Değişiklikleri sayar, tartmaz.
Oylama satırları, bildirinin kendi yazdığı gibi, Komite'nin her bildiriye nasıl oy verdiğini ve kimin karşı oy verdiğini gösterir.
Karşılaştırmayı bir model değil sabit bir kural yapar; metinden bir anlam çıkarmaz.
Fed metni özgün İngilizcesiyle gösterilir, çevrilmez. Bu sayfa yalnız metinde neyin değiştiğini gösterir; yön, ton ya da risk okuması değildir ve MVIE skoruna girmez. MVIE Pro bağımsız bir araştırma projesidir; Federal Reserve ile bir bağı yoktur.