Tweet

Press

Home » News » Fed Minutes July 2013
  • **Fed Minutes**

    http://www.federalreserve.gov/monetarypolicy/files/fomcminutes20130619.pdf

     

    *FED SAYS SEVERAL ON FOMC SAW QE TAPERING LIKELY WARRANTED SOON

    *FED SAYS MANY ON FOMC SAID LABOR GAINS NEEDED BEFORE QE TAPER

    **FOMC MINS: MANY SAW UNEMP DECLINE,JOBS GAINS AS CONSIDERABLE

    FOMC MINS:AGREED EVENTUAL EXIT TO LIKELY DIFFER FROM 2011 PLAN

    FOMC MINS: MANY W/GREATER CONF STRONGER ECON ACTIVITY IN TRAIN

    *FED SAYS FOMC SAW FISCAL POLICY RESTRAINING ECONOMIC GROWTH

    *FED RELEASES MINUTES OF JUNE 18-19 FOMC MEETING IN WASHINGTON

    *FED SAYS FOMC SAID ECONOMY HAD EXPANDED AT A MODERATE PACE

    *FED SAYS `A COUPLE' ON FOMC SAW HIGHER DOWNSIDE INFLATION RISKS

    *FOMC: LOW INFLATION STEMMED PARTLY FROM `TRANSITORY INFLUENCES'

    *MANY FOMC PARTICIPANTS SAW INFLATION BELOW 2% `FOR SOME TIME'

    *FED SAYS FOMC EXPECTED GRADUAL DECLINE IN UNEMPLOYMENT RATE

    *FOMC PARTICIPANTS SAW STABLE LONG-TERM INFLATION EXPECTATIONS

    *FED SAYS FOMC SAW LABOR MARKET SHOWING SIGNS OF IMPROVEMENT

     

    Not much of a reaction in mortgages, which are unchanged since the Minutes. 

    Jul 11 2013