2011美联储决议

发布日期(美国时间)2011/12/13

利率动向维持联邦基金基准利率在0-0.25%不变，联邦基金利率将在至少至2013年中维持于近零水准。

会后声明重点总体经济表现：美国经济继续呈现出稳步扩张之势，尽管同期全球经济增长明显放缓。近期的经济数据显示出美国整体劳动力总体状况有所改善，但失业率仍居高不下。近几个月来家庭支出以相对较快的速度持续增长，而设备和软件的商业投资继续的扩张速度稍有放缓。此外，通胀形势自年内早些时候已经缓和，因能源和部分商品价格已经从稍早的高位回落，较长期通胀预期则保持稳定。

通货膨胀：通胀形势已经缓和，因能源和部分商品价格已经从稍早的高位回落，较长期通胀预期则保持稳定。

维持卖短债、买长债的扭转操作：委员会决定维持在2012年6月底前购买4,000亿美元6年期至30期国债，并在同期出售相同规模的三年期或更短期国债的计划，同时维持将抵押贷款支持债券到期本金再投资到MBS，以及到期国债回笼资金再投资的现有政策。

会后声明重点Economy: Information received since the Federal Open Market Committee met in November suggests that the economy has been expanding moderately, notwithstanding some apparent slowing in global growth. While indicators point to some improvement in o verall labor market conditions, the unemployment rate remains elevated. Household spendi ng has continued to advance, but business fixed investment appears to be increasing less rapidly and the housing sector remains depressed.

Inflation: Inflation appears to have moderated since earlier in the year as prices of energy and some commodities have declined from their peaks. Longer-term inflation expectations have remained stable.

Continue expanding the holdings of securities: To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee decided today to continue its program to extend the average maturity of its holdings of securities as announced in September. The Committee is

maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction.

备注提示芝加哥联储主席埃文斯支持目前进一步实施宽松货币政策。

利率动向维持联邦基金基准利率在0-0.25%不变，联邦基金利率将在至少至2013年中维持于近零水准。

会后声明重点总体经济表现：美国经济复苏步伐在第三季度有所加快，显示出之前对美国经济构成打压的一些暂时性因素的影响开始消退甚至逆转。不过，近期的经济数据显示出美国整体劳动力市场保持疲弱态势，失业率则依旧居高不下。近几个月来家庭支出以相对较快的速度增长，设备和软件的商业投资继续有所扩张。但与此同时，非住宅类建筑的投资仍旧疲软，房产市场则继续承压。

通货膨胀：通胀形势已经缓和，因能源和部分商品价格已经从稍早的高位回落，较长期通胀预期则保持稳定。

维持卖短债、买长债的扭转操作：委员会决定维持在2012年6月底前购买4,000亿美元6年期至30期国债，并在同期出售相同规模的三年期或更短期国债的计划，同时维持将抵押贷款支持债券到期本金再投资到MBS，以及到期国债回笼资金再投资的现有政策。

会后声明重点Economy: Information received since the Federal Open Market Committee met in September indicates that economic growth strengthened somewhat in the third quarter, reflecting in part a reversal of the temporary factors that had weighed on growth earlier in the year. Nonetheless, recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated. Household spending has increased at a somewhat faster pace in recent month. Business investment in equipment and software has continued to expand, but investment in nonresidential structures is still weak, and the housing sector remains depressed..

Inflation: Inflation appears to have moderated since earlier in the year as prices of energy and some commodities have declined from their peaks. Longer-term inflation expectations have remained stable.

Continue expanding the holdings of securities: To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee decided today to continue its program to extend the average maturity of its holdings of securities as announced in September. The Committee is

maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction.

备注提示芝加哥联储主席埃文斯支持目前进一步实施宽松货币政策。