Hier zijn de belangrijkste opmerkingen van de nieuwste FOMC Minuten, via ZH:
- A FEW FOMC MEMBERS BELIEVED OUTLOOK MAY WARRANT MORE EASING
- FED OFFICIALS AGREED TARGETING NOMINAL GDP NOT ADVISABLE
- A FEW FOMC MEMBERS FAVORED TIME PERIOD FOR INTEREST-RATE PLEDGE
- FED OFFICIALS BACKED IDEA OF OFFERING MORE DATA ON RATE PATH
- US RECOVERY SUBJECT TO SIGNIFICANT DOWNSIDE RISKS
Klinkt behoorlijk somber, meer monetaire stimulans zit eraan te komen. Meer via Bloomberg:
“A few members indicated that they believed the economic outlook might warrant additional policy accommodation,” the Fed said in minutes released today in Washington. “It was noted that any such accommodation would likely be more effective if it were provided in the context of a future communications initiative.” The central bank also considered changing its pledge to hold interest rates near zero through at least mid-2013, as “a few members expressed interest in using language specifying a period of time during which the federal funds rate was expected to remain exceptionally low, rather than a calendar date, arguing that such language might be better to indicate a constant stance of monetary policy over time,” the minutes said.