FOMC Summary
Posted By thestatedtruth.com on December 13, 2011
Here we go with today’s Fed release…..
Fed Headline Summary:
- FED: FINANCIAL STRAINS STILL POSE `SIGNIFICANT DOWNSIDE RISKS’
- FED REPEATS `EXCEPTIONALLY LOW’ RATES THROUGH AT LEAST MID-2013
- FED SAYS ECONOMY `EXPANDING MODERATELY’ AS GLOBAL GROWTH SLOWS
- FED LEAVES OPERATION TWIST PROGRAM UNCHANGED
- FED SAYS CONSUMER SPENDING `HAS CONTINUED TO ADVANCE’
- FED SAYS UNEMPLOYMENT RATE TO DECLINE `ONLY GRADUALLY’
- FED EXPECTS `MODERATE PACE’ OF GROWTH IN COMING QUARTERS
- FED: FINANCIAL STRAINS STILL POSE `SIGNIFICANT DOWNSIDE RISKS’
- EVANS DISSENTS FROM FOMC DECISION, PREFERRING MORE EASING
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