Post Profile






FOMC Minutes: "Could be greater scope for economic growth without putting undue pressure on labor markets"

Different views: Some FOMC members think that waiting might lead to later larger rate increases - and a recession. Other think "there could be greater scope for economic growth without putting undue pressure on labor markets". Most of the key FOMC members are in the second group.From the Fed: Minutes of the Federal Open Market Committee, September 20-21, 2016. Excerpts: In their discussion of the outlook, participants considered the likelihood of, and the potential benefits and costs associated with, a more pronounced undershooting of the longer-run normal rate of unemployment than envisioned in their modal forecasts.
read more

share

Related Posts


Summing Up The FOMC Minutes In 2 Words: Inflation Rate

Business & Finance : Zero Hedge

The Fed minutes can be boiled down to 3 two-word factors: "inflation rate", "economic policy", and "market conditions" - all of which overshadow words like "growth" and "jobs" and "employment"

FOMC Saw No Needs To Ease Unless Growth Slows

Business & Finance : Zero Hedge

So much for the Hatzius and Hilsenrath prognostications. Headlines coming in: FOMC SAW NO NEED TO EASE ANEW UNLESS GROWTH SLOWS, MINUTES SHOW MOST FOMC PARTICIPANTS SAW `LITTLE EVIDENCE OF COST PRESSURES FOMC PARTICIPANTS SAID LABOR...

April FOMC Minutes: Fed To Raise Rates Before Selling Assets, Q1 Economic Weakness Blamed On Weather, Inflation "Transitory"

Business & Finance : Zero Hedge

Key highlights: "Participants viewed the weakness in first-quarter economic growth as likely to be largely transitory, influenced by unusually severe weather, increases in energy and other commodity prices, and lower-than-expected d...

FOMC Minutes Preview: Beware The Hawkish Jolt

Business & Finance : Zero Hedge

Today’s release of September’s FOMC minutes comes at a bad time for fragile markets and will intensify risk-aversion, according to Bloomberg's Mark Cudmore. Based on the rhetoric from Fed officials in the days following the Sept. 21...

Here come the Fed minutes ...

Business & Finance : Business Insider: Clusterstock

The Federal Reserve will release the minutes of its policy meeting in September at 2 p.m. ET. At the meeting, three FOMC members disagreed with the decision to not raise the benchmark rate. The minutes could hint at why there were d...

Comments


Copyright © 2016 Regator, LLC