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Fed Discount Rate Minutes BY INSTANTPIP.COM

Discussion in 'Technical Analysis' started by INSTANTPIPSIGNAL, Feb 27, 2013.

  1. INSTANTPIPSIGNAL

    INSTANTPIPSIGNAL New Member

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    Fed Discount Rate Minutes:


    (US)
    Fed Discount Rate Minutes: Some officials concerned fiscal and
    regulatory uncertainties are weighing on business decision making-
    Officials see subdued inflation despite oil and commodity price
    fluctuations
    - Federal Reserve Bank directors viewed the pace of economic growth as
    modest. Some directors noted continued improvement in the housing sector
    and increases in consumer spending. However, unemployment remained
    elevated, and ongoing fiscal and regulatory uncertainties continued to
    weigh on business investment and hiring and on economic growth more
    generally
    - The directors of the Federal Reserve Bank of Boston had voted on
    January 24 to establish a rate of 1/2 percent (a decrease from 3/4
    percent). The directors of the Federal Reserve Bank of Kansas City had
    voted on January 17 to establish a rate of 1 percent (an increase from
    3/4 percent).
     
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