FOMC Statement

FOMC Statement

From federalreserve.gov

Information received since the Federal Open Market Committee met in October suggests that economic activity is expanding at a moderate pace. Labor market conditions improved further, with solid job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources continues to diminish. Household spending is rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow. Inflation has continued to run below the Committee's longer-run objective, partly reflecting declines in energy prices. ... (full story)

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Dec 17, 2014 1:21pm

Crikey, over 1,100 viewers.
Summary: If economic activity picks up faster than previously expected then the funds rate will rise sooner than previously expected.

If it doesn't, then it won't.

Nothing has changed since mid last year....

Ill-b-back

Dec 17, 2014 9:27pm

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Quoting Petr.K

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Nothing has happened exactly, to me it makes no sense to most things the government or the ECB, etc Tell. They are manipulating markets according to how the big players want.. But that is just my opinion :-))

Ignored

Yeah mine too, but really, I know Jack all....
Forward guidance was always going to be data dependent.
What else can it be?

Petr.K

Dec 17, 2014 1:39pm

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Quoting Ill-b-back

Disliked

Crikey, over 1,100 viewers.
Summary: If economic activity picks up faster than previously expected then the funds rate will rise sooner than previously expected.

If it doesn't, then it won't.

Nothing has changed since mid last year....

Ignored

Nothing has happened exactly, to me it makes no sense to most things the government or the ECB, etc Tell. They are manipulating markets according to how the big players want.. But that is just my opinion :-))

kuncung

Dec 17, 2014 1:13pm

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buy euro usd . divergence

Ringkon

Dec 17, 2014 1:37pm

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fuck...............nothing is changed. if....if....if......

anton.olff

Dec 17, 2014 1:05pm

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gotta keep the sugar high going....

Dec 17, 2014 1:42pm

now it changed

Dec 17, 2014 1:43pm

but like my employer says - i'm too slow and too expensive lol

mrbandwidth

Dec 17, 2014 1:02pm

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OMFG! They have said 'Information'!!! =>> BUY BUY BUY

cobracoder

Dec 17, 2014 1:04pm

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no its same information so no effect or weak usd

Dec 17, 2014 1:19pm

well, us is weak now

Dec 17, 2014 1:05pm

"However, if incoming information indicates faster progress toward the Committee's employment and inflation objectives than the Committee now expects, then increases in the target range for the federal funds rate are likely to occur sooner than currently anticipated. Conversely, if progress proves slower than expected, then increases in the target range are likely to occur later than currently anticipated"

Neither here nor there! Diplomatic economics

Bull n Bear

Dec 17, 2014 1:08pm

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"The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run".

Consistent statements.....don't expect higher rate soon!

Bull n Bear

Dec 17, 2014 1:19pm

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Quoting jrdFX

Disliked

What can I do, rather than wait and ready to exit...touched my buystop ☺

Ignored

Can't you see? All expected Fed to say they would release the lever on rates but Fed said no,no...it depends

CoolJL

Dec 17, 2014 5:16pm

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Seems there is no real reason for EURUSD to rise, yesterdays spike up was a fantastic opportunity for a short.

It's the end of the year period, there will be lots of spikes, either looking to trade these or just avoid all together.