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More from the FOMC: "Growth in employment has slowed in recent months ... Household spending...

  • Wednesday, June 20, 2012, 12:40 PM ET
    More from the FOMC: "Growth in employment has slowed in recent months ... Household spending appears to be rising at a somewhat slower pace." Separate statement regarding the extension of Operation Twist: The Open Markets Desk at the FBRNY is directed to "extend the average maturity of the Fed's holdings of Treasury securities."
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This news story has 3 comments:

  •  
    Nothing shocking from the Fed, the recovery is on hold until Europe gets its act together, and the election in the US.
    20 Jun 2012, 12:47 PM Reply Like
  •  
    One negative not being mentioned by the talking heads is that although the end-of-twist has bypassed Nov elections it has now been added to the yearend fiscal cliff ... something else to worry about.
    20 Jun 2012, 01:17 PM Reply Like
  •  
    Fed should be stripped of their dual mandate. It's absurd to expect Fed to help with unemployment, it didn't work and never will work.
    20 Jun 2012, 01:20 PM Reply Like
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