{"id":10193,"date":"2010-07-14T15:10:18","date_gmt":"2010-07-14T19:10:18","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=10193"},"modified":"2010-07-14T15:10:18","modified_gmt":"2010-07-14T19:10:18","slug":"fed-fomc-minutes-color-coded-mostly-red","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2010\/07\/14\/fed-fomc-minutes-color-coded-mostly-red\/","title":{"rendered":"FED FOMC Minutes &#8211; Color Coded (Mostly Red)"},"content":{"rendered":"<p>This is not a good report if you were looking for confirmation that all is well with the U.S. economy. In fact, it was one of the worst in a while.<\/p>\n<p>Clearly, the FED has changed outlook and now sees risk to the recovery. The question will be whether or not there will be additional easing of any sort. For now, the political climate is not too friendly to the word: Stimulus.<\/p>\n<p>Ben will be creative if we know him&#8230;.<\/p>\n<p>Fed releases officials updated quarterly economic forecasts:<\/p>\n<ul>\n<li><span style=\"color: #008000;\"><strong>Fed officials leave longer-run projections little changed.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Fed policy makers lower forecasts for 2010-12 inflation.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Fed officials raise projections for 2010-12 unemployment rate.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Fed officials see 10 GDP growth at 3%-3.5% vs. 3.2%-3.7%.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Most Fed officials favored deferring asset sales for some time.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Fed officials saw U.S. economic outlook as `softened somewhat.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Fed officials see 11 GDP growth at 3.5%-4.2% vs. 3.4%-4.5%.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>About half of FOMC saw risks of growth having moved to downside.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>FOMC saw house prices remaining flat or declining in near term.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>FOMC expected pace of hiring to remain low for some time.<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Fed policy makers revised down modestly outlook for inflation.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Some Fed policy makers saw some risk of deflation.<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Fed officials saw prices likely to stabilize in coming quarters<\/strong><\/span><\/li>\n<li><strong>Some Fed officials saw risks to outlook shifted to downside<\/strong><\/li>\n<li><span style=\"color: #800000;\"><strong>FOMC didn\u2018t see need for additional policy accommodation<\/strong><\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>This is not a good report if you were looking for confirmation that all is well with the U.S. economy. In fact, it was one of the worst in a while. Clearly, the FED has changed outlook and now sees risk to the recovery. The question will be whether or not there will be additional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[481,483],"class_list":["post-10193","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-economy","tag-markets","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/10193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=10193"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/10193\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=10193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=10193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=10193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}