Monetary Policy

FOMC Minutes October, 2012

The FOMC minutes for the October two-day meeting were released and they had no real surprises. The full minutes are below as are a few key highlights.

A few members showed concern about rising inflation and the Fed’s ability to maintain control.

QE will likely be extended when Operation Twist ends in December.

The Fed is trying to determine if they should change language on ZIRP from calendar focused to economic data focused. In other words rates will rise as a function of a set date or an economic metric like unemployment.

fomc minutes

FOMC Minutes

You need to be logged in to see this part of the content. Please Login to access.

Archived Posts By Date

Archived Posts By Subject


Opinions are those of the author(s),
and may contain errors and or omissions.
No warranties, either written or,
expressed are implied by this content.
Investment Advice
Content does not constitute investment
advice. Author may not disclose
financial positions in securities.

Get In Touch

Macro Story

Tony Pallotta

Contact via email

Technical Support

This website is designed to support
all browsers. If you have a question
or find an error, please contact us.