Posts tagged: Fed

Fed Watch – FOMC Statement

By , January 26, 2011 2:50 pm

Here it is

The two key statments:

To promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to continue expanding its holdings of securities as announced in November. In particular, the Committee is maintaining its existing policy of reinvesting principal payments from its securities holdings and intends to purchase $600 billion of longer-term Treasury securities by the end of the second quarter of 2011.


The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels for the federal funds rate for an extended period.

All emphasis mine.

Fed Watch – FOMC

By , January 26, 2011 11:55 am

Today, I begin watching the Fed. The FOMC began its January meeting yesterday and ends today. According to Bloomberg,

The FOMC announcement for the January 25-26 FOMC policy meeting is expected to leave the fed funds target rate unchanged at a range of 0 to 0.25 percent. Market focus will be on any update on the current round of quantitative easing and if there are any upgrades on the economy.

The announcement should come later today. Then we’ll see how the consensus holds up.

Panorama Theme by Themocracy