EURO SELLERの為替・投資戦略ブログ

2005年6月の欧州憲法否決の際にユーロを売りまくった管理人の【新】為替・投資日記ブログです。くれぐれも投資行動は自己責任でお願いします。

FOMC statement, April 29, 2009

FOMC statement

豚インフルエンザのニュースのために,今年に入ってからのFOMCでおそらくもっとも世間的に関心の払われないFOMCアナウンスであります。(笑)個人的にも休みですのでざっと読んでいます。

(今回の概要)
1.先回に引き続き,レートを最初に持ってこないで前回のFOMCからの概況を先に持ってきた。家計支出の下げ止まりを若干示唆している。次の文頭のWeakerがWeakに細かく修正されている。(※1下線)
2.金融市場のタイトなイメージがここでも少し緩和されている。(※2下線)
3.レートは今回も0.25%で据え置きで,現状ではもはや市場の関心ではないのです。(※3下線)
4.書くことがないので前文と同じく先回の内容の繰り返しです。over the next six months が by autumn に変わっても実質的な違いなし。中の人も手抜きでしょう。(※4下線)
5.典型的な字埋めの文章。あってもなくてもいいでしょうね。(笑)(※5下線)

Release Date: April 29, 2009
For immediate release

Information received since the Federal Open Market Committee met in March indicates that ※1the economy has continued to contract, though the pace of contraction appears to be somewhat slower. Household spending has shown signs of stabilizing but remains constrained by ongoing job losses, lower housing wealth, and tight credit. Weak sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories, fixed investment, and staffing. ※2Although the economic outlook has improved modestly since the March meeting, partly reflecting some easing of financial market conditions, economic activity is likely to remain weak for a time. Nonetheless, the Committee continues to anticipate that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus, and market forces will contribute to a gradual resumption of sustainable economic growth in a context of price stability.

In light of increasing economic slack here and abroad, the Committee expects that inflation will remain subdued. Moreover, the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stability in the longer term.

In these circumstances, the Federal Reserve will employ all available tools to promote economic recovery and to preserve price stability. ※3The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and anticipates that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period. As previously announced, to provide support to mortgage lending and housing markets and to improve overall conditions in private credit markets, the Federal Reserve will purchase a total of up to $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt by the end of the year. In addition, ※4the Federal Reserve will buy up to $300 billion of Treasury securities by autumn. The Committee will continue to evaluate the timing and overall amounts of its purchases of securities in light of the evolving economic outlook and conditions in financial markets. ※5The Federal Reserve is facilitating the extension of credit to households and businesses and supporting the functioning of financial markets through a range of liquidity programs. The Committee will continue to carefully monitor the size and composition of the Federal Reserve's balance sheet in light of financial and economic developments.

Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; Elizabeth A. Duke; Charles L. Evans; Donald L. Kohn; Jeffrey M. Lacker; Dennis P. Lockhart; Daniel K. Tarullo; Kevin M. Warsh; and Janet L. Yellen.

 | HOME | 

PAGE TOP ▲

Appendix

EURO SELLER

EURO SELLER

管理人のニックネームEURO SELLERの由来は,2005年6月の欧州憲法の否決の際にユーロを売りまくったことからきています。もう一つのシステムトレードのブログはこちらです。

DTIブログポータルへ
このブログを通報
Report Abuse

Search

Calender

« | 2009-04 | »
S M T W T F S
- - - 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 - -

Forex Rates

This site's QR Code