Federal Open Market Committee
CHICAGO, IL - MARCH 20: Traders montor offers in the CBOE Volatility Index (VIX) pit at the Chicago Board Options Exchange in front of the Federal Open Market Committee statement March 20, 2013 in Chicago, Illinois. The FOMC is expected to release its economic projections for the next two years in a statement later today, including its inflation forecast for the next two years, and its latest decision concerning interest rates. Yesterday the VIX established an all-time, single-day volume record, totaling an estimated 1,392,621 contracts.
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Neither Mr Bernanke nor his Federal Open Market Committee really know what they want, and they have been just as guilty of reacting to the latest economic data as the financial markets they seek to influence
Our conclusion is that Bernanke and other senior Federal Open Market Committee members have enough influence to persuade the committee to wait at least through to September before deciding on tapering back QE3 [the Fed's third round of quantitative easing]More quotes »
Around the web
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A Subtle View of Labor Market Improvement
Bank of New York President William Dudley offered his view on how he might assess the appropriate pace of the Federal Open Market Committee's (FOMC) current $85 billion per month asset purchase program: Let me give a few examples of how my own thinking may 5:07 PM from Macroblog Read more »
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Midday Market Stats: Dow Jones Industrial Average Follows Overseas Markets Lower
China, as well as concerns regarding the Fed's economic stimulus plans. According to the meeting minutes released by the Federal Open Market Committee (FOMC) yesterday afternoon, some officials could be ready to scale back current monetary easing measures 12:05 PM from SchaeffersResearch.com Read more »
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Fed Meeting Minutes Expose Rising Interest Rate Risk
of the April/May Federal Open Market Committee (FOMC) recently released may have a significant impact on mortgage rates going forward. One significant development from the meeting suggests that the present quantitative easing (QE) program may be modified in from South OC Blog Read more »
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Fed may slowly scale back stimulus
could start scaling back the bond-buying stimulus program "in the next few meetings." The policymaking Federal Open Market Committee meets again in June and monthly through October. Bernanke said the economy was improving despite the "fiscal head winds" caused 2:01 AM from Cape Cod Online Read more »
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Minutes of the Federal Open Market Committee Testimony by Chairman Bernanke on the economic outlook
contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting. FOMC minutes can be viewed on the Board's website. Minutes of the Federal Open Market Committee - April 30-May 1, 2013." from beSpacific Read more »
