2 Kasım 2011 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 2 Kasım 2011 tarihinde yayımladı. 21 Eylül 2011 tarihli önceki planlı bildiriye göre: 8 cümle değişti, 1 cümle eklendi, 7 cümle çıkarıldı ve 8 cümle aynı kaldı. Kelime olarak: 107 eklendi, 217 çıkarıldı. Bu bildirinin oylaması: 1 üye karşı oy verdi: Charles L. Evans. 21 Eylül 2011 bildirisinin oylaması: 3 üye karşı oy verdi: Richard W. Fisher, Narayana Kocherlakota, Charles I. Plosser.
FOMC bildirisi · 2 Kasım 2011
Önceki planlı bildiriye (21 Eylül 2011) göre değişen cümleler
8 aynı · 8 değişti · 1 eklendi · 7 çıkarıldı · kelime +107 / −217
- 21 Eylül 2011
- 3 üye karşı oy verdi: Richard W. Fisher, Narayana Kocherlakota, Charles I. Plosser.
- 2 Kasım 2011
- 1 üye karşı oy verdi: Charles L. Evans.
Information received since the Federal Open Market Committee met in August September indicates that economic growth remains slow strengthened somewhat in the third quarter, reflecting in part a reversal of the temporary factors that had weighed on growth earlier in the year.
Nonetheless, recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated.
Household spending has been increasing increased at only a modest somewhat faster pace in recent months despite some recovery in sales of motor vehicles as supply-chain disruptions eased.
Business investment in equipment and software has continued to expand, but investment in nonresidential structures is still weak, and the housing sector remains depressed.
However, business investment in equipment and software continues to expand.
The Committee continues to expect some pickup in the a moderate pace of recovery economic growth over coming quarters but and consequently anticipates that the unemployment rate will decline only gradually toward levels that the Committee judges to be consistent with its dual mandate.
To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee decided today to continue its program to extend the average maturity of its holdings of securities as announced in September.
The Committee intends to purchase, by the end of June 2012, $400 billion of Treasury securities with remaining maturities of 6 years to 30 years and to sell an equal amount of Treasury securities with remaining maturities of 3 years or less.
This program should put downward pressure on longer-term interest rates and help make broader financial conditions more accommodative.
To help support conditions in mortgage markets, the Committee will now reinvest principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities.
In addition, the Committee will maintain its existing policy of rolling over maturing Treasury securities at auction.
The Committee discussed the range of policy tools available to promote a stronger economic recovery in a context of price stability.
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.
It The Committee will continue to assess the economic outlook in light of incoming information and is prepared to employ its tools as appropriate to promote a stronger economic recovery in a context of price stability.
Voting against the action were Richard W was Charles L. Fisher, Narayana Kocherlakota, and Charles I. Plosser Evans, who did not support supported additional policy accommodation at this time.
Maturity Extension Program and Reinvestment Policy Frequently Asked Questions: Maturity Extension Program and Reinvestment Policy Current FAQs September 21, 2011 What is the Federal Reserve's maturity extension program (referred to by some as "operation twist") and what is its purpose?
Değişmeyen 8 cümleyi göster
Inflation appears to have moderated since earlier in the year as prices of energy and some commodities have declined from their peaks.
Longer-term inflation expectations have remained stable.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
Moreover, there are significant downside risks to the economic outlook, including strains in global financial markets.
The Committee also anticipates that inflation will settle, over coming quarters, at levels at or below those consistent with the Committee's dual mandate as the effects of past energy and other commodity price increases dissipate further.
However, the Committee will continue to pay close attention to the evolution of inflation and inflation expectations.
The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate.
The Committee also decided 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 mid-2013.
Kaynak: Board of Governors of the Federal Reserve System — bildirinin kendisi (federalreserve.gov) · 21 Eylül 2011
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.