U.S. Federal Reserve Board said 22 signs of slowing U.S. economic recovery in recent months, the Fed a lot of monetary policy makers believe that, unless the slow economic recovery in the United States in the short term turbocharge Otherwise, it is necessary to launch the new loose monetary policy to stimulateeconomic recovery.
Pointed out that the minutes released the same day, the Federal Reserve Federal Open Market Committee regular meeting held on July 31-August 1, Fed a lot of monetary policy makers believe that by the end of 2014, the U.S. unemployment rate will remain significantly higher than the normal level, while the U.S. inflationary pressures will remain in the vicinity of the target range of 2%, to take new loose monetary policy will contribute to faster improvement in the job market; several Fed monetary policy-makers believe that it is necessary to further observe the trend of recovery in the U.S. economy tortuous before you can decide whether you need to take new monetary easing.
To stimulate a stronger economic recovery, in January of this year, the Fed announced at least until the second half of 2014, the federal funds rate will remain at ultra-low range of zero to 0.25%.
The minutes also pointed out that the Fed had already announced the continuation of "Operation Twist" diaocang decision that the plan to the end of this year, the sale of the remaining term of 3 years and 267 billion in short-term government bonds to purchase the equivalent of the remaining period of 6 years to 30 years of long-term bonds to drive down long-term interest rates, but needed more time to observe the effect of the policy.
Federal Reserve Chairman Ben Bernanke speech, the Fed's annual economic symposium will be held on the 31st of market participants to disclose whether it will wait for Bernanke to take what loose monetary policy signal.
Federal Open Market Committee, the Fed's monetary policy decision-making body, usually held eight times a year meeting on interest rates, the committee chaired by the chairman of the Federal Reserve concurrently.
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