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FOMC Minutes: Little change from the previous stance. Some members are becoming more confident...

  • Wednesday, May 16, 2012, 2:03 PM ET
    FOMC Minutes: Little change from the previous stance. Some members are becoming more confident about the durability of the recovery, but several said additional easing may be needed should it falter. The Richmond Fed's Jeff Lacker dissented over the currency swap arrangements with Canada and Mexico.
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This news story has 11 comments:

  • Greece exit = QE 3
    16 May 2012, 02:05 PM Reply Like
  • maybe some new worlsd order currency - looking on your sustainble debt...
    16 May 2012, 08:13 PM Reply Like
  • you canĀ“t say that the recovery is more durable..and also say you are for QE III now...what????
    16 May 2012, 02:06 PM Reply Like
  • Read the statement. Clearly the US economy is strengthening. Clearly there are threats.

    Completely consistent.
    16 May 2012, 07:16 PM Reply Like
  • Same old dilemma ....
    16 May 2012, 02:08 PM Reply Like
  • Oil falls below $90 = QE3
    16 May 2012, 05:39 PM Reply Like
  • Not until SPX breaks well below 1,300 down to 1,250 range. Can't justify with market still so robust.
    16 May 2012, 08:21 PM Reply Like
  • Oil below $90 is a positive supply shock for the US economy.
    That's the best of all worlds: expansionary and disinflation at the same time. No QE needed.
    16 May 2012, 09:54 PM Reply Like
  • That's about as good as saying that if the Dow is above 13k everything is good. People like big round numbers, but they don't mean anything.
    16 May 2012, 11:13 PM Reply Like
  • Yeah but the Fed cant print with oil above 90 or else risk major oil shock and a price above 110.
    16 May 2012, 10:36 PM Reply Like
  • If ((Oil < 80) && (USD Index > 90)) {
    Fed.QE3();
    ECB.LTRO2();
    PBoC.interestRateCut1();
    }
    17 May 2012, 03:41 AM Reply Like
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