Topic: Federal Open Market Committee
Dissension in the ranks, the market tanks (I'm a poet!)
AlphaNinja
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 ...
Fed members see high unemployment as long-term worry
AFP Global Edition
<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 ...
Fed's Duke sees low rates for "extended period"
Reuters US Online Report Business News
<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 ...
The Fed Inches Toward the Exit
BusinessWeek
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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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