InfoAnda - Fed not ready for exit strategy: minutes

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

US-TECH Summary | 15 January 2009
Iran opposition warns of action against reformers | | 13 December 2009
'Cyberwar' talk invades world's top high-tech fair | 3 March 2011

Indonesia's Aceh to allow stoning for adulterers | 15 September 2009

Forum Views () Forum Replies ()

Read more with google mobile : Fed not ready for exit strategy: minutes

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Fed not ready for exit strategy: minutes AFP - Wednesday, April 7 Send IM Story Print Fed not ready for exit strategy: minutes Slideshow: Full Photo Coverage: Business & Economy WASHINGTON (AFP) - – The US Federal Reserve is mulling its exit strategy from massive economic support measures but has put off any decision, minutes of the latest policy-setting meeting showed. The Federal Open Market Committee (FOMC) "discussed possible approaches for formulating and communicating key elements of its strategy for removing extraordinary monetary policy accommodation at the appropriate time," minutes from the March 16 meeting said. "No decisions about the committee's exit strategy were made at this meeting, but participants agreed to give further consideration to these issues at a later date." Ryan Sweet at Moody's Economy.com pointed out that the minutes lacked additional information on the Fed's plan to exit the extremely accommodative monetary policy it has pursued in support of the economy's recovery from the worst recession in decades. "However, the minutes show the central bank is exploring the possibility of allowing 'some or all' of its Treasury securities to mature without reinvestment, thus shrinking its balance sheet." The policymakers agreed that the central bank's purchases of 1.25 trillion dollars of mortgage-backed securities and about 175 billion dollars of other debt were on track for completion by the target date of March 31, the minutes showed. They concluded that financial market conditions remained supportive of economic growth and there were no signs of emerging misalignments in financial markets or "widespread" instances of excessive risk taking. "Participants were also reassured by the absence of any signs of renewed strains in financial market functioning as a consequence of the Federal Reserve's winding down of its special liquidity facilities," the minutes said. The policymakers saw the economic recovery as "likely to proceed at a moderate pace," the minutes said, adding that "modest downward adjustments" were made to projections for economic growth. At the one-day meeting, the FOMC left the federal funds rate unchanged at a historic low range between zero and 0.25 percent, where it has been since December 2008 in a bid to pull the world's largest economy from the recession that had begun a year earlier. There was dissent on the wording of the statement accompanying the interest rate decision that the base rate would be held unchanged for "an extended period," reiterating the phrase used in recent FOMC statements. "Nearly all members judged that it was appropriate to reiterate the expectation that economic conditions -- including low levels of resource utilization, subdued inflation trends, and stable inflation expectations -- were likely to warrant exceptionally low levels of the federal funds rate for an extended period, but one member believed that communicating such an expectation would create conditions that could lead to financial imbalances," the minutes said. Kansas City Fed president Thomas Hoenig was, for the second meeting in a row, the sole dissenter to the FOMC action. According to the minutes, a number of members noted that the panels expectation for a policy change "was explicitly contingent on the evolution of the economy rather than on the passage of any fixed amount of calendar time." Dean Maki, chief US economist at Barclays Capital, said that was the most important message in the March FOMC minutes. "The committee does not believe the 'extended period' language refers to calendar time; rather it is meant to refer to the evolution of economic data," he said. "Because it serves as much less of a constraint than its conventional definition would suggest, this interpretation also could imply that the language will stay in place until the committee is relatively certain it will be tightening soon," he added. The next FOMC meeting is scheduled April 27-28. Recommend Send IM Story Print Related Articles BRIEF-Thanachart Cap sees 2010 profit of over 3.1-3.2 bln baht Reuters - 27 minutes ago India's NHPC to raise capex to $1.04 bln-chairman Reuters - 34 minutes ago European stocks flat ahead of euro zone GDP data Reuters - 35 minutes ago Thai govt agrees CAT takeover of Hutchison's CDMA Reuters - 36 minutes ago China Money: Risks mount in NDFs as yuan falls prey to politics Reuters - 37 minutes ago News Search Top Stories Spread dread for Greece as debt confusion roils investors Renault set for new tie-up with Daimler Greece not seeking to amend EU-IMF deal Total charged with graft in Iraqi oil-for-food programme Antenna glitch on historic space shuttle flight More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Angelie Jolie, Brad Pitt visit Bosnia refugees: UN Spread dread for Greece as debt confusion roils investors Antenna glitch on historic space shuttle flight Total charged with graft in Iraqi oil-for-food programme Renault set for new tie-up with Daimler More Most Viewed » 'Rare' fossil of new dinosaur species found in US Hollywood stars help prevent suicide after Twitter alert Junkies and junk-food addicts share craving mechanism Toad is a telltale for impending quakes: scientists More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Wednesday, 7 April 2010
Baghdad blasts kill 35, destroy seven buildings
Predator priest cases in Italy only 'tip of iceberg': lawyer
Protesters seek change in Egypt, scuffle with police
US court deals setback to regulators over 'net neutrality'
Palestinian fears U.S. Mideast push in trouble |
Tears, anger as Italians mark year since L'Aquila quake
Canadian researchers uncover China-based online spy network
Greece not seeking to amend EU-IMF deal
IAEA inspects Syria reactor in uranium traces probe |
Russia names second metro suicide bomber
Spread dread for Greece as debt confusion roils investors
Arrest Warrant Issued For Rapper Coolio After Court Hearing Snub
YouTube drops Moscow attack claim video after Russian protest
Maid Agrees To Drop Suit Against Kim Kardashian
Baghdad blasts kill 35, destroy seven buildings |
RIM releases new BlackBerry app development tools
Sean Penn Facing Lawsuit Over Alleged Paparazzo Death Threat
Comcast wins Web traffic fight against FCC
U.N. chief will press for abolition of nuclear arms |
Nokia, others to follow Apple in tablet push
Tiger Woods And George Lopez Have Locker Room Encounter
German minister slams Facebook over data protection
Bodies of nine Mumbai gunmen buried secretly in January |
China cyber-spies target India, Dalai Lama: report
Nokia, others to follow Apple in tablet push
New US policy limits role of nuclear arsenal
Nuclear weapons only in 'extreme circumstances': US
27 Taliban reported killed in western fighting
AOL says to sell or shut down Bebo in 2010 |
Apple's iPad debuts strongly, but key tests remain |
CIA victim said to have rescued future Afghan pres
Protesters clash with police in Kyrgyzstan
Canadian researchers uncover China-based online spy network
RIM releases new BlackBerry app development tools |
Brandy Discusses Upcoming New Album
Indian Maoists kill 75 in police massacre
Annual Beer Sold Out Ahead Of Time
Red Shirt protesters flood streets of Thai capital
Spirit Airlines Begins Charging Passengers For Carry-On Luggage
US-ENTERTAINMENT Summary
Short-term solution on Tibet unlikely, says Dalai Lama
Fed Sees Strengthening Recovery, But Expects Static Spending
Professor Killed During Home Invasion In Plantation
Rescuers race to reach 32 trapped in China mine
Shares Of Massey Energy Slammed By Mine Explosion
“Ally McBeal” Season Two Gets DVD Release
Maoist rebels kill 76 soldiers in eastern India
Police disperse protesters in Kyrgyzstan
Lady Gaga, Soundgarden Confirmed For Lollapalooza 2010
Law Graduate Charged With Threatening Deadly Force To Stop Abortion
Renault set for new tie-up with Daimler
President Obama Hosts Christian Clergy From Across The Nation
Cambodian PM sets Chevron oil production deadline
Shanghai mayor visits Taipei amid protests
Report: China-based hackers stole India secrets
Festival celebrates the resurgence of TV series
US-ENTERTAINMENT Summary
UK actor, activist Corin Redgrave dies aged 70
"Date Night" hits home for Tina Fey, Steve Carell
Traditional French cafés innovate to survive
Actor Corey Haim bought more than 550 pills before death |
Movie ticket sales strong despite price hike |
Annual Beer Sold Out Ahead Of Time
Sheep Deaths, Experiments Linked To UFOs
Couple Charged With Theft After Not Returning Cash Found In Suitcase
Suspected Car Thief Dies After Turning Lights Off During Police Chase
Mass Arrest Follows New York City Gang Melee
Swedish Tin Can Collector Died A Millionaire
81-Year-Old Great-Grandmother Suing For Back Child Support
British Couple Lose Appeal Over Public Kissing
Women Steal Easter Offerings From Church
"Miracle" Rescue Finds 115 Alive In Flooded Chinese Mine
Iraq in 'open war' with Qaeda after Baghdad bombs
Former Norwegian bishop 'admits' child abuse
Tradition, Taliban threats give Afghans a dilemma
Thai red shirts briefly storm parliament grounds |
White House: Graphic Iraq shooting video 'tragic'
Thirty-five killed as six bombs rock Baghdad
In first Russia, Polish PMs to honour Katyn WWII victims
US court deals setback to regulators over 'net neutrality'
White House hints Karzai visit could be in doubt
Police clash with protesters in restive Kyrgyzstan |
South Sudan party to boycott elections in north
AOL to sell or close Bebo
No deaths in Indonesia quake; tsunami alert lifted |
Palestinian fears U.S. Mideast push in trouble
US-TECH Summary
China cyber-spies target India, Dalai Lama: report |
Antitrust senator seeks Google/AdMob scrutiny
IAEA inspects Syria reactor in uranium traces probe
One killed, 11 hurt in French factory explosion |
Comcast wins Web traffic fight against FCC
AOL says to sell or shut down Bebo in 2010
North Korea sentences U.S. man to 8 years hard labor |
Spread dread for Greece as debt confusion roils investors
China cyber-spies target India, Dalai Lama: report
China tightens rules on Internet cafes
Kyrgyz opposition clashes with police in capital
Rescuers race to reach 31 trapped in China mine
Survivors of sunken SKorean ship describe ordeal
Thai "red shirts" briefly storm parliament grounds
Asian allies welcome new US nuclear stance
China cyber-spies target India, Dalai Lama: report |
'Red Shirt' protesters storm Thai parliament
Obama limits U.S. use of nuclear arms
Antitrust senator seeks Google/AdMob scrutiny |
Histamine-Tainted Frozen Tuna Steak Sparks Recall
Rescuers gear up for new effort after deadly mine blast
Afghan suicide blast kills civilian, injures 15
Judge Rules Iran Must Pay $1.3 Billion To Beirut Bombing Victims
Thai protesters retreat after storming parliament grounds
U.S. Retail Sales Jump Last Week On Easter Holiday
Kyrgyz opposition vows to go ahead with rallies
NYC Unicyclists Bridge Gap Between Cyclists Non-cyclists
Adam Lambert To Mentor "American Idol" Contestants
U.S. Markets Finish Mixed As Fed Comments Provide Late Boost
Obama Announces Plan to Restrict Risks of U.S. Nuclear Strikes
US-ENTERTAINMENT Summary
7.7 quake strikes off Indonesia's Sumatra island
No deaths in Indonesia quake; tsunami alert lifted
Panic as major quake hits Indonesia
S.Korea buys over $1 bln to curb won's rise -traders
7.8 quake strikes off Indonesia's Sumatra island
USGS: 7.8 quake off Sumatra
India's 3G auction set to start Friday
Japan central bank stays put on interest rates
At 100 episodes, "Bones" not ready for burial yet
World Bank: East Asia needs reform to keep growing
Magnitude 7.8 quake shakes Indonesia
Seoul shares finish flat; techs, banks retreat
Bank of Japan keeps interest rate unchanged at 0.1 pct
Jim Carrey, Jenny McCarthy reveal split on Twitter |
Report: Japan Airlines to speed up mass job cuts
Modern Family cast strategizes Emmy submissions |
Buzz Aldrin voted off Dancing With the Stars |
Toyota to aggressively defend safety record: US exec
"Modern Family" cast strategizes Emmy submissions
At 100 episodes, Bones not ready for burial yet |
PAKISTAN
Adam Lambert to mentor American Idol finalists |
Fed not ready for exit strategy: minutes
Soundgarden, Lady Gaga headline Lollapalooza |
Playboy photographers find reality TV hard work |
Adam Lambert to mentor 'American Idol' finalists
Buzz Aldrin voted off "Dancing With the Stars"
Guitarist Slash finally goes solo for new album
Playboy photographers find reality TV hard work
Jim Carrey, Jenny McCarthy reveal split on Twitter
Actor Corey Haim bought more than 550 pills before death
Jeff Koons paints BMW for Le Mans
Afghan election commission chiefs step down
Top judge to be tried for Spain atrocioties probe
Troops fire on Kyrgyz anti-government protests, many killed |
Vodafone to offer Web via Opera in emerging markets
Eurozone growth halts in last quarter of 2009
U.S.-Israeli dispute still unresolved: Netanyahu |
Iran's president attacks Obama on nuclear threat |
Bangladesh convicts, jails 29 paramilitary mutineers |
Iraqi police foil teenage would-be suicide bomber |
Comcast Ruling Reignites Net Neutrality Debate
UK's Brown, Cameron trade blows over economy, defense |
Al Qaeda members land in Somalia from Yemen: government |
Russia, Poland eye reconciliation at WWII mass grave |
Afghanistan plays down Karzai's anti-West remarks |
Jim Carrey, Jenny McCarthy split -- via Twitter
IMF experts in Athens as crisis hits euro
Four WV Miners Still Missing As Rescuers Drill Holes To Release Methane
Man Charged With Threatening To Kill Senator Over Healthcare Vote
Discovery maneuvers to dock with space station
Egg-Based Breakfast May Be Effective Weight-Loss Tool
Govt: At least 180 wounded in Kyrgyzstan protests
Tribeca Film Festival Features To Be Available On Video On Demand
Giant lizard discovered in the Philippines
Eleventh Rendering Of "Doctor Who" To Premiere On BBC America
China, India agree to set up hot line for leaders
Tina Fey, Aaron Johnson To Appear On "Friday Night With Jonathan Ross"
Report: Kyrgyz protesters kill interior minister
Discovery Shuttle Docks At Space Station
Bangladesh sentences 29 guards over deadly mutiny
Scrabble Maker Changes Proper Noun Use
HHS Secretary Sebelius Warns Americans Against Health Insurance 'Crooks'
NKorea sentences US man to 8 years of hard labor
Car giants eye profits in new tie-up
China battles to save 29 missing in mine
Rescuers in fading bid to save 29 from China mine
Bangkok under emergency after Parliament stormed
Geithner to visit Beijing amid currency dispute
Pakistani stocks up; rupee firms, o/n rates flat
China to resume 3-year bond sales
Car giants launch new partnership
Japan's video game visionary: the console is dying |
Shares rise on optimism over global economy
Google to face copyright lawsuit by visual artists |
Treasury Secretary Geithner to visit Beijing
China shares mixed on policy tightening worries
Vodafone to offer Web via Opera in emerging markets |
Nokia, others seen following Apple in tablet push |
US says funds raised for Shanghai Expo pavilion
Report: Japan Airlines to speed up mass job cuts
World Bank: East Asia needs reform to keep growing
7.7 quake strikes off Indonesia's Sumatra island
Indonesian woman wanted to be martyr, court hears
Illness forces Whitney Houston to delay Euro tour
WHO mobilises 1,000 cities in urban health drive
Unite to recover looted artefacts, Egypt forum told
TV series Treme puts New Orleans back on map |
'Five-a-day' has limited impact on cancer risk
Lloyd Webber delays Broadway opening due to health |
Jim Carrey, Jenny McCarthy reveal split on Twitter |
Whitney Houston postpones more dates after illness
Whitney Houston in hospital with nose, throat problem
Whitney Houston postpones more dates after illness |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01