Federal Open Market Committee Minutes – Key Quotes
For most major industry groups, factory utilization rates declined relative to their levels in July and remained below their long-run averages. Available forward-looking indicators pointed to a significant downturn in manufacturing output in coming months.
Conditions in markets for repurchase agreements, or repos, arranged using certain types of collateral [...]
Money Supply At a Glance
M1 Seasonally Adjusted Prior Month: $ 1522.6 billion
M1 4-Week Average: $1579.9 billion
M1 Annual Change (Unadjusted): $157.6 billion
M2 Seasonally Adjusted Prior Month: $7934.5 billion
M2 4-Week Average: $8067.7 billion
M2 Annual Change (Unadjusted): $570.4 billion
Technorati Tags: money supply, Federal Reserve, M1, M2
Money Supply At a Glance
M1 Seasonally Adjusted Prior Month: $ 1522.6 billion
M1 4-Week Average: $1565.2 billion
M1 Annual Change (Unadjusted): $157.6 billion
M2 Seasonally Adjusted Prior Month: $7934.5 billion
M2 4-Week Average: $8025.5 billion
M2 Annual Change (Unadjusted): $570.3 billion
Technorati Tags: money supply, Federal Reserve, M1, M2
Money Supply At a Glance
M1 Seasonally Adjusted Prior Month: $1525.0 billion
M1 4-Week Average: $1543.3 billioin
M1 Annual Change (Unadjusted): Up $160 billion
M2 Seasonally Adjusted Prior Month: $7936.4 billion
M2 4-Week Average: $7985.4 billion
M2 Annual Change (Unadjusted): Up $572.3 billion
Technorati Tags: money supply, Federal Reserve, M1, M2
Federal Funds Rate: 0.0% to 0.25% range
Discount Rate: 0.5%
Overall, the outlook for economic activity has weakened further
…inflationary pressures have diminished appreciably…the Committee expects inflation to moderate further in coming quarters.
…weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.
Technorati Tags: federal funds, interest, rate, Federal Reserve, Federal [...]
Money Supply At a Glance
M1 Seasonally Adjusted Prior Month: $1522.5 billion
M1 4-Week Average: $1522.1 billion
M1 Annual Change (Unadjusted): Up $157.5 billion
M2 Seasonally Adjusted Prior Month: $7934.0 billion
M2 4-Week Average: $7943.6 billion
M2 Annual Change (Unadjusted): Up $569.8 billion
Technorati Tags: money supply, Federal Reserve, M1, M2
