how to get the FOMC statement right away... | Forex Factory

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how to get the FOMC statement right away...

  • #1
  • First Post: May 9, 2007 1:02pm May 9, 2007 1:02pm
for the FOMC rate announcements, the impact is most always due to the statement, not the actual rate. we usually get a lot of posts about where to find this statement, so i am proactively posting the link

http://www.federalreserve.gov/FOMC/d....htm#calendars

if you refresh this page as soon as the report comes out, you will see "statement" link appear under "May 9".

btw, you can also find this link by clicking the calendar detail button, then clicking "Latest Release from Official Source"
Relax and be happy.
  • #2
  • May 9, 2007 1:05pm May 9, 2007 1:05pm
This is exactly what I have been looking for. Thank you Merlin!
  • #3
  • May 9, 2007 1:12pm May 9, 2007 1:12pm
Quoting WHTenn
This is exactly what I have been looking for. Thank you Merlin!
Me too, thanks...

Now it will be all about understand what they meant... Remember March?
  • #4
  • May 9, 2007 1:16pm May 9, 2007 1:16pm
and here she is...

Quote

For immediate release The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent.
Economic growth slowed in the first part of this year and the adjustment in the housing sector is ongoing. Nevertheless, the economy seems likely to expand at a moderate pace over coming quarters.
Core inflation remains somewhat elevated. Although inflation pressures seem likely to moderate over time, the high level of resource utilization has the potential to sustain those pressures.
In these circumstances, the Committee's predominant policy concern remains the risk that inflation will fail to moderate as expected. Future policy adjustments will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information.
Voting for the FOMC monetary policy action were: Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; Timothy F. Geithner, Vice Chairman; Thomas M. Hoenig; Donald L. Kohn; Randall S. Kroszner; Cathy E. Minehan; Frederic S. Mishkin; Michael H. Moskow; William Poole; and Kevin M. Warsh.
Relax and be happy.
  • #5
  • May 9, 2007 1:20pm May 9, 2007 1:20pm
btw, looks like they are late updating that calendar LOL. i must have banged on it too hard last month

http://www.federalreserve.gov/ homepage will give you the release the fastest.
Relax and be happy.
  • #6
  • May 12, 2007 10:58am May 12, 2007 10:58am
OK, so what does this mean to you? My take is that they do not intend to lower rates in the near future, with a slight posibility of raising rates by .25 points.
Of course I could be dead wrong in my interpretation. So what's your take? ANyone
  • #7
  • May 12, 2007 7:48pm May 12, 2007 7:48pm
Quoting bhale
OK, so what does this mean to you? My take is that they do not intend to lower rates in the near future, with a slight posibility of raising rates by .25 points.
Of course I could be dead wrong in my interpretation. So what's your take? ANyone
futures would indicata otherwise but your opinion is your own and how traders make money ... i.e. by having an differnet but correct opinion to the market and watchign the market have to correct itself at a later point
  • #8
  • May 12, 2007 11:04pm May 12, 2007 11:04pm
It is not important what we as individuals think the statement says. It is what we believe the markets will interpret the statement to mean.

Thats the $2 trillion question.
  • #9
  • Last Post: May 14, 2007 2:59am May 14, 2007 2:59am
merlin, how about the statement about CPI/PPI data?
You got one?

Thanks.
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