Topic: Federal Open Market Committee

U.S. deflation no longer a risk says Fed's Bullard: report

SINGAPORE (Reuters) - The United States has escaped the danger of a Japanese-style deflationary trap, but it is not yet time to start tightening policy, St. Louis Federal Reserve Bank President James Bullard told the Financial Times. Bullard said in an interview published on Monday that his preoccupation throughout 2009 had ...
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Federal Reserve Continues To Hold Interest Rates Steady

Federal Reserve Continues To Hold Interest Rates Steady
CHICAGO - JANUARY 27: Clerks work in the Eurodollar pit at the CME Group following news from the Federal Open Market Committee (FOMC) meeting concerning short-term interest rates January 27, 2010 in Chicago, Illinois. The FOMC said it expects to maintain the rates at near zero for an extended period. (Photo ...
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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 the fed funds rate would remain ...
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Fed members see high unemployment as long-term worry

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. The minutes from the December 15-16 Federal Open Market Committee showed a range of economic views from central bank policymakers and staff ...
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