1 Ağustos 2012 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 1 Ağustos 2012 tarihinde yayımladı. 20 Haziran 2012 tarihli önceki planlı bildiriye göre: 7 cümle değişti, 1 cümle eklendi, 5 cümle çıkarıldı ve 8 cümle aynı kaldı. Kelime olarak: 97 eklendi, 131 çıkarıldı. Bu bildirinin oylaması: 1 üye karşı oy verdi: Jeffrey M. Lacker. 20 Haziran 2012 bildirisinin oylaması: 1 üye karşı oy verdi: Jeffrey M. Lacker.
FOMC bildirisi · 1 Ağustos 2012
Önceki planlı bildiriye (20 Haziran 2012) göre değişen cümleler
8 aynı · 7 değişti · 1 eklendi · 5 çıkarıldı · kelime +97 / −131
- 20 Haziran 2012
- 1 üye karşı oy verdi: Jeffrey M. Lacker.
- 1 Ağustos 2012
- 1 üye karşı oy verdi: Jeffrey M. Lacker.
Information received since the Federal Open Market Committee met in April June suggests that economic activity decelerated somewhat over the economy has been expanding moderately first half of this year.
However, Growth in employment has slowed been slow in recent months, and the unemployment rate remains elevated.
Household spending appears to be has been rising at a somewhat slower pace than earlier in the year.
Despite some further signs of improvement, the housing sector remains depressed.
Inflation has declined since earlier this year, mainly reflecting lower prices of crude oil and gasoline, and longer-term inflation expectations have remained stable.
The Committee also decided to continue through the end of the year its program to extend the average maturity of its holdings of securities.
Specifically, the Committee intends to purchase Treasury securities with remaining maturities of 6 years to 30 years at the current pace and to sell or redeem an equal amount of Treasury securities with remaining maturities of approximately 3 years or less.
This continuation of the maturity extension program should put downward pressure on longer-term interest rates and help to make broader financial conditions more accommodative.
The Committee also decided to continue through the end of the year its program to extend the average maturity of its holdings of securities as announced in June, and it 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.
The Committee is prepared to take further action will closely monitor incoming information on economic and financial developments and will provide additional accommodation as appropriate needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability.
Voting against the action was Jeffrey M. Lacker, who opposed continuation of the maturity extension program.
Statement Regarding Continuation of the Maturity Extension Program
Voting against the action was Jeffrey M. Lacker, who preferred to omit the description of the time period over which economic conditions are likely to warrant an exceptionally low level of the federal funds rate.
Değişmeyen 8 cümleyi göster
Business fixed investment has continued to advance.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
The Committee expects economic growth to remain moderate over coming quarters and then to pick up very gradually.
Consequently, the Committee anticipates that the unemployment rate will decline only slowly toward levels that it judges to be consistent with its dual mandate.
Furthermore, strains in global financial markets continue to pose significant downside risks to the economic outlook.
The Committee anticipates that inflation over the medium term will run at or below the rate that it judges most consistent with its dual mandate.
To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee expects to maintain a highly accommodative stance for monetary policy.
In particular, the Committee decided today 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 late 2014.
Kaynak: Board of Governors of the Federal Reserve System — bildirinin kendisi (federalreserve.gov) · 20 Haziran 2012
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.