28 Ekim 2015 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 28 Ekim 2015 tarihinde yayımladı. 17 Eylül 2015 tarihli önceki planlı bildiriye göre: 7 cümle değişti, 1 cümle eklendi, 2 cümle çıkarıldı ve 12 cümle aynı kaldı. Kelime olarak: 40 eklendi, 49 çıkarıldı. Bu bildirinin oylaması: 1 üye karşı oy verdi: Jeffrey M. Lacker. 17 Eylül 2015 bildirisinin oylaması: 1 üye karşı oy verdi: Jeffrey M. Lacker.
FOMC bildirisi · 28 Ekim 2015
Önceki planlı bildiriye (17 Eylül 2015) göre değişen cümleler
12 aynı · 7 değişti · 1 eklendi · 2 çıkarıldı · kelime +40 / −49
- 17 Eylül 2015
- 1 üye karşı oy verdi: Jeffrey M. Lacker.
- 28 Ekim 2015
- 1 üye karşı oy verdi: Jeffrey M. Lacker.
Information received since the Federal Open Market Committee met in July September suggests that economic activity is has been expanding at a moderate pace.
Household spending and business fixed investment have been increasing moderately at solid rates in recent months, and the housing sector has improved further; however, net exports have been soft.
The labor market continued to improve, with solid job gains and declining unemployment.
The pace of job gains slowed and the unemployment rate held steady.
On balance Nonetheless, labor market indicators, on balance, show that underutilization of labor resources has diminished since early this year.
Market-based measures of inflation compensation moved slightly lower; survey-based measures of longer-term inflation expectations have remained stable.
Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term.
Nonetheless, The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace, with labor market indicators continuing to move toward levels the Committee judges consistent with its dual mandate.
The Committee continues to see the risks to the outlook for economic activity and the labor market as nearly balanced but is monitoring global economic and financial developments abroad.
In determining how long whether it will be appropriate to maintain this raise the target range at its next meeting, the Committee will assess progress--both realized and expected--toward its objectives of maximum employment and 2 percent inflation.
Değişmeyen 12 cümleyi göster
Inflation has continued to run below the Committee's longer-run objective, partly reflecting declines in energy prices and in prices of non-energy imports.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
Inflation is anticipated to remain near its recent low level in the near term but the Committee expects inflation to rise gradually toward 2 percent over the medium term as the labor market improves further and the transitory effects of declines in energy and import prices dissipate.
The Committee continues to monitor inflation developments closely.
To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains appropriate.
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 Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.
The Committee 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 and of rolling over maturing Treasury securities at auction.
This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.
When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent.
The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run.
Voting against the action was Jeffrey M. Lacker, who preferred to raise the target range for the federal funds rate by 25 basis points at this meeting.
Kaynak: Board of Governors of the Federal Reserve System — bildirinin kendisi (federalreserve.gov) · 17 Eylül 2015
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.