Forex News: FOMC Minutes highlights
By Greg Michalowski
Created Apr 8 2008 - 1:02pm
- A CONTRACTION IN GDP LIKELY
- MOST FED OFFICIALS SEE INFLATION MODERATING LATER IN '08, '09
- FED FOUND LITTLE INDICATION HOUSING HAS BEGUN TO STABILIZE
- FED OFFICIALS HAD SOME CONCERN PRICE EXPECTATIONS MAY LOOSEN
- FED RECOGNIZED RATE POLICY ALONE CAN'T SOLVE MARKET PROBLEMS
- FED OFFICIALS JUDGED RECENT INFLATION DATA DISAPPOINTING
- FED OFFICIALS ANTICIPATED ECONOMY TO BEGIN TO RECOVER IN H2
- FISHER AND PLOSSER DISSENTED DUE TO INFLATION RISKS