Topic: Federal Open Market Committee

Dissension in the ranks, the market tanks (I'm a poet!)

The Federal Open Market Committee (FOMC) meeting minutes were released a couple minutes ago, sending the market sharply lower.Nothing about the commentary was terribly surprising.  They cited improvement in the direction of the economy, and said that ...
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Fed members see high unemployment as long-term worry

<div><p>Federal Reserve members expressed concern at a policy meeting last month that unemployment would "remain elevated for quite some time," and limit economic growth, minutes released Wednesday showed.</p><p>The minutes from the December 15-16 Federal Open Market Committee ...
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Fed's Duke sees low rates for "extended period"

<div><p>WASHINGTON (Reuters) - The Federal Reserve sees a moderate economic recovery continuing in 2010, but needs to keep interest rates "exceptionally low" for an "extended period" to foster job growth, a Fed policymaker said on Monday.</p><p>Fed Governor Elizabeth ...
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The Fed Inches Toward the Exit

<div><p> The Federal Open Market Committee -- the policy-setting arm of the Federal Reserve -- chose to stay the course heading into yearend. At the conclusion of its Dec. 15-16 policy meeting, the committee's time-tested "exceptionally low levels of the federal funds rate for an extended ...
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