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Tuesday, December 13, 2011

No QE3 Mention In FOMC; Fed Leaves Twist Untouched; Dove Evans Continues To Cry - Full Redline Comparison

Tyler Durden's pictureSubmitted by Tyler Durden on 12/13/2011 - 14:17

fixed Market Conditions Unemployment

Headline summary:
  • FED: FINANCIAL STRAINS STILL POSE `SIGNIFICANT DOWNSIDE RISKS'
  • FED REPEATS `EXCEPTIONALLY LOW' RATES THROUGH AT LEAST MID-2013
  • FED SAYS ECONOMY `EXPANDING MODERATELY' AS GLOBAL GROWTH SLOWS
  • FED LEAVES OPERATION TWIST PROGRAM UNCHANGED
  • FED SAYS CONSUMER SPENDING `HAS CONTINUED TO ADVANCE'
  • FED SAYS UNEMPLOYMENT RATE TO DECLINE `ONLY GRADUALLY'
  • FED EXPECTS `MODERATE PACE' OF GROWTH IN COMING QUARTERS
  • FED: FINANCIAL STRAINS STILL POSE `SIGNIFICANT DOWNSIDE RISKS'
  • EVANS DISSENTS FROM FOMC DECISION, PREFERRING MORE EASING
The market can not be happy
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