yusufizzetmurat/fed-pulse-embedding-caches huggingface dataset:
[2013-01-01] By definition, multifactor productivity includes technical change, organizational improvements, cyclical factors, and myriad other influences on output per hour, apart from capital investment.
[2013-01-01] inflation in india increased somewhat in july, which had prompted the reserve bank of india to tighten monetary policy.
[2013-01-01] despite this expected pickup, with the weak growth in the second half of 2012, annual average growth is now projected to be 1.5 per cent in 2013.
[2013-01-01] the central authorities had announced further support for social housing construction as well as additional restrictions on property transactions.
[2013-01-01] The persistence of underutilized resources was expected to foster some moderation in core price inflation.
[2013-01-01] with regard to corporate bond markets in the united states and europe, credit spreads had been more or less unchanged on the whole, and the issuance of high-yield bonds continued to be steady.
[2013-01-01] annual gdp growth is projected to average 1.8 per cent in 2013 and 2.7 per cent in both 2014 and 2015, supported by very accommodative financial conditions.
[2013-01-01] And if the stock theory of the portfolio is correct, which we believe it is, holding all of those securities off of the market and reinvesting and still keeping the, you know, rolling-over maturing se
[2013-01-01] Total nonfarm payroll employment was reported to have decreased in September, consistent with a substantial increase in the number of people who reported themselves as being absent from work due to ba
[2013-01-01] reports on activity in the airline, trucking, and warehousing industries were uneven.
[2013-01-01] one member, however, noted that it showed signs of improvement, as seen in the fact that the number of female employees in the area of medical and nursing care exceeded the level seen before the lehma
[2013-01-01] as for liquidity in the bond market, one member pointed out that the ratio of the daily price range to the transaction volume in the jgb futures market remained at a relatively high level.
[2013-01-01] household spending and business fixed investment advanced, and the housing sector was strengthening, but mortgage rates had risen somewhat and fiscal policy was restraining economic growth.
[2013-01-01] meanwhile, private consumption had been firm, especially in the asean countries.
[2013-01-01] in response, most members -- while noting that this was one of various options -- expressed the opinion that in the present situation it was appropriate to continue with the bank's current stance on t
[2013-01-01] growth in economic activity was still expected to be a little below trend this year, picking up gradually to be close to trend through 2014.
[2013-01-01] Many members concluded that because there did not seem to be any urgency to tighten current policy for domestic reasons, given the likelihood that inflation would remain subdued for a while, important
[2013-01-01] regarding housing investment, a different member expressed the recognition that, although some recent indicators had been relatively weak, it would return to an improving trend as interest rate develo
[2013-01-01] corporate bond issuance by nonfinancial firms remained fairly robust in february; commercial and industrial (c&i) loans and nonfinancial cp also continued to expand.
[2013-01-01] So the term “trend inflation”—usually there are a variety of statistical techniques that can be used to extract a trend from a series.
[2013-01-01] The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate
[2013-01-01] growth in business fixed investment, particularly in machinery investment, had been sluggish, as business sentiment still remained cautious.
[2013-01-01] global economic growth has evolved broadly as anticipated in the bank’s january monetary policy report (mpr).
[2013-01-01] And downward revisions to the longer-run normal unemployment rate in a way suggests that participants are seeing more slack in the economy now than they previously did.
[2013-01-01] he saw the costs of delaying action at this meeting as likely to be small relative to the gains from promoting a faster return of both elements of the committee's dual mandate to their longer-run obje
[2013-01-01] liaison suggested that the pace of retail spending might have eased somewhat more recently, while measures of consumer confidence fell back to around average levels in may.
[2013-01-01] in contrast to past patterns, most of the private capital flows into australia since the onset of the global financial crisis had been to the non-financial sector, rather than the financial sector (ma
[2013-01-01] growth in real gdp is projected to be sufficient to absorb the current material excess capacity in the economy, closing the output gap around mid-2015, as projected in the april mpr.
[2013-01-01] members noted that while the timing of investment upturns was very difficult to predict, it appeared likely that growth of the economy over the coming year would be below trend but that growth could r
[2013-01-01] in response to these remarks, one member noted that, as inflation expectations in the medium to long term tended to be formed based largely on economic fundamentals such as the rate of growth in produ
[2013-01-01] measures of implied interest rate volatility had picked up, albeit from historically low levels.
[2013-01-01] survey-based measures of longer-term inflation expectations were little changed.
[2013-01-01] since the committee’s previous meeting, it had been consulted over the size and terms of the bank’s ectr facility, in advance of the monthly auction on 19 december 2012.
[2013-01-01] In light of increased uncertainties and muted inflation pressures, we now emphasize that the Committee will closely monitor the implications of incoming information for the economic outlook and will a
[2013-01-01] with a healthy job market, rising incomes, and upbeat consumer confidence, the fundamentals supporting household spending are solid.
[2013-01-01] against this backdrop, the bank has decided to maintain the target for the overnight rate at 1 per cent.
[2013-01-01] Many indicated that they expected cyclical pressures associated with a tightening labor market to show through to higher inflation over the medium term.
[2013-01-01] survey-based measures of longer-term inflation expectations had changed little on balance.
[2013-01-01] I don’t know that demand for reserves has risen over the past years.
[2013-01-01] a different member added that funding by firms and households was expected to become more active.
[2013-01-01] based on this discussion, most members concurred that, while the bank was determined to achieve the 2 percent price stability target with a time horizon of about two years, it was appropriate to set t
[2013-01-01] weighing these considerations, the bank judges that the substantial monetary policy stimulus currently in place remains appropriate and therefore has decided to maintain the target for the overnight r
[2013-01-01] against this backdrop, the year-on-year rate of increase in the amount outstanding of bank lending had risen somewhat.
[2013-01-01] most survey-based measures of longer-term inflation expectations were little changed, on balance, in recent months.
[2013-01-01] The evidence suggests that new technology often results in more growth in employment in innovating industries.
[2013-01-01] many participants, including some of those who were focused on the increasing risks, expressed the view that continued solid improvement in the outlook for the labor market could prompt the committee
[2013-01-30] Information received since the Federal Open Market Committee met in December suggests that growth in economic activity paused in recent months, in large part because of weather-related disruptions and
[2013-01-30] Minutes of the Federal Open Market Committee January 29-30, 2013 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washi
[2013-03-20] Minutes of the Federal Open Market Committee March 19-20, 2013 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washing
[2013-03-20] Information received since the Federal Open Market Committee met in January suggests a return to moderate economic growth following a pause late last year. Labor market conditions have shown signs of
[2013-05-01] Information received since the Federal Open Market Committee met in March suggests that economic activity has been expanding at a moderate pace. Labor market conditions have shown some improvement in
[2013-05-01] Minutes of the Federal Open Market Committee April 30-May 1, 2013 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Wash
[2013-06-19] Information received since the Federal Open Market Committee met in May suggests that economic activity has been expanding at a moderate pace. Labor market conditions have shown further improvement in
[2013-06-19] Minutes of the Federal Open Market Committee June 18-19, 2013 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washingt
[2013-07-31] Information received since the Federal Open Market Committee met in June suggests that economic activity expanded at a modest pace during the first half of the year. Labor market conditions have shown
[2013-07-31] Minutes of the Federal Open Market Committee July 30-31, 2013 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washingt
[2013-09-18] Minutes of the Federal Open Market Committee September 17-18, 2013 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Was
[2013-09-18] Information received since the Federal Open Market Committee met in July suggests that economic activity has been expanding at a moderate pace. Some indicators of labor market conditions have shown fu
[2013-10-30] Information received since the Federal Open Market Committee met in September generally suggests that economic activity has continued to expand at a moderate pace. Indicators of labor market condition
[2013-10-30] Minutes of the Federal Open Market Committee October 29-30, 2013 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washi
[2013-12-18] Minutes of the Federal Open Market Committee December 17-18, 2013 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Wash
[2013-12-18] Information received since the Federal Open Market Committee met in October indicates that economic activity is expanding at a moderate pace. Labor market conditions have shown further improvement; th
[2014-01-01] the government had convened the first zone council for the okinawa prefecture zone, which meant that it had convened zone councils in all of the six special zones it had identified.
[2014-01-01] So, you know, as I mentioned, the Committee acutely feels its obligation to move to make sure that we restore price stability and is determined to use its tools to do so.
[2014-01-01] one year overnight index swap (ois) rates, one year forward had, for example, risen early in the month before falling on the back of a combination of weaker-than-expected wages data, smaller-than-expe
[2014-01-01] the decline in the exchange rate seen to date would assist in achieving balanced growth in the economy, though members noted that the exchange rate remained high by historical standards.
[2014-01-01] moreover, it was noted that some of the pickup in economic growth that had appeared to have been indicated by the data available at the january meeting had been reversed by subsequent data revisions.
[2014-01-01] private consumption remained resilient as a trend with the employment and income situation improving steadily, and the effects of the subsequent decline in demand following the front-loaded increase p
[2014-01-01] the australian equity market had also shown little net change over the past month, with company earnings announcements broadly in line with expectations.
[2014-01-01] consumer price inflation picked up in recent months, while measures of longer-run inflation expectations remained stable.
[2014-01-01] however, a range of export subsectors have been growing in line with fundamentals, which suggests that as the u.s. recovery gathers momentum and becomes more broadly-based, many of our exports will be
[2014-01-01] in relation to the fact that fixed investment for large manufacturing firms had turned positive for the first time in eight quarters in the _financial statements statistics of_ shared the recognition
[2014-01-01] in part, that was because the anticipated modest expansion in supply capacity would help to slow the rate at which slack was absorbed, thereby limiting the build-up of domestic inflationary pressure.
[2014-01-01] the number of housing starts -- a leading indicator of housing investment -- had continued to fall since the january-march quarter, mainly in owner-occupied homes and houses, but had virtually bottome
[2014-01-01] a few participants also suggested that the committee should solicit additional information from the public regarding the possible effects of an on rrp facility, but some others pointed out that the co
[2014-01-01] So, with this coronavirus arriving, we judged that the—the net effects of this will be to—to have inflation move down even a little bit more.
[2014-01-01] most participants indicated a preference for clarifying the dependence of the current forward guidance on economic data and the committee's assessment of progress toward its objectives of maximum empl
[2014-01-01] although the rate of job openings moved up in february, the hiring rate was flat and continued to be subdued.
[2014-01-01] it had fallen recently to around 17,000 yen, mainly against the background of declines in overseas stock prices.
[2014-01-01] the global economy is on a lower growth track than was foreseen at the time of the april monetary policy report.
[2014-01-01] on the other hand, a different member pointed out that sales of online shopping seemed to be recovering steadily after hitting a bottom in april 2014.
[2014-01-01] the bank expects inflation to return to the 2 per cent target in about two years, as the effects of retail competition dissipate and excess capacity is absorbed.
[2014-01-01] real gdp growth is projected to average around 2 1/4 per cent during 2014–2016.
[2014-01-01] You know, monetary policy is a forward-looking exercise, and I’m going to—I’m just going to stick with that.
[2014-01-01] members agreed that public investment continued to increase and was projected to continue hovering at a high level through the first half of fiscal 2014, reflecting a boost from economic stimulus, and
[2014-01-01] as for the outlook, the diffusion index was projected to deteriorate, mainly in view of the subsequent decline in demand following the front-loaded increase; nevertheless, it was still projected to be
[2014-01-01] a 25 basis point increase in bank rate was fully priced into overnight index swap_ rates by may 2015, a little later than at the time of the committee’s previous meeting, and the median respondent to
[2014-01-01] these members continued that, when deciding additional monetary easing, it was necessary to thoroughly explain that this commitment remained unshakable, in order to convey the bank's unwavering determ
[2014-01-01] there was no area-wide expenditure breakdown yet available for the second quarter, though the gdp breakdown for germany suggested that some of the second quarter weakness there might have been the res
[2014-01-01] You know, what you hear out there is that demand—you talk to banks, and they’ll say demand for loans is very, very low right now.
[2014-01-01] A number of business contacts indicated that they were passing on at least a portion of these higher costs to their customers or that they planned to try to do so later this year; however, contacts we
[2014-01-01] while the tests of on rrps had been informative, the staff suggested that additional testing could further improve understanding of how this supplementary tool could be used to achieve greater control
[2014-01-01] But, I would say, overall, we’re trying to sustain the expansion and keep, you know, close to our statutory goals, which are maximum employment and stable prices.
[2014-01-01] the component of the nominal retail sales data used by the bureau of economic analysis to construct its estimate of pce edged down in may, but light motor vehicle sales moved up briskly.
[2014-01-01] A key factor in this assessment continued to be their outlook for rapid further gains in structural productivity that would help to hold down increases in unit labor costs.
[2014-01-01] the s&p 500 index rose about 1-1/2 percent over the intermeeting period, as earnings reports from a range of companies appeared to indicate that profits in the second quarter had increased modestly re
[2014-01-01] Nonetheless, given a recovery in U. S. domestic demand approximating their current forecasts, growth in imports likely would exceed that of exports by a wide margin over the forecast horizon.
[2014-01-01] turning to household consumption, members noted that the volume of retail sales declined in the june quarter, in part reflecting the unusually warm weather at the start of winter.
[2014-01-01] Several participants reported that business contacts had expressed growing concerns about the increase in their input costs and that there were signs that an increasing number of firms were seeking to
[2014-01-01] the votes to renew the federal reserve's participation in these arrangements were taken at this meeting because provisions in the arrangements specify that the federal reserve provide six months' prio
[2014-01-01] in relation to this, one member expressed concern over the worsening in consumer sentiment that was seen since around the latter half of 2013.
[2014-01-01] Several saw that outlook as depending importantly on continued strengthening of the labor market or on an above-trend pace of economic activity.
[2014-01-01] some members pointed out that this reflected to some extent structural factors such as the shift of japanese manufacturers' production sites to overseas.
[2014-01-01] at the same time, risks associated with elevated household imbalances have not materially changed.
[2014-01-01] on this basis, a few members noted that it was desirable to (1) accelerate the annual pace of increase in the monetary base from about outstanding of the bank's holdings would be increased from an ann
[2014-01-01] the chinese renminbi had depreciated further, to be around 5 per cent lower in trade-weighted terms than earlier in the year.
[2014-01-01] the labour market continued to strengthen and inflation had picked up a little over recent months, while the pace of recovery in the housing market had slowed.
[2014-01-01] meanwhile, business sentiment had generally stayed at a favorable level, although some cautiousness had been observed.
[2014-01-01] they then decreased somewhat significantly in january 2014 from the october-december quarter, due in part to temporary factors such as the effects of a winter snowstorm in the united states and of the
[2014-01-01] members noted that the ecb's assessment of the asset quality of the euro area banking system had been released during the month.
[2014-01-01] measures of labor compensation increased a little faster than consumer prices.
[2014-01-01] for two members, economic circumstances continued to justify an immediate rise in bank rate.
[2014-01-01] Industrial production had slipped in recent months and private payroll employment had changed little,
[2014-01-01] You know, we’re, we’re—inflation measures are always going to be a bit volatile.
[2014-01-01] Indicators of longer-term inflation expectations were little changed on balance.
[2014-01-01] the level of employment was little changed over the past year, although total hours worked had increased.
[2014-01-01] weighing these considerations within the bank’s risk-management framework, the monetary policy stance remains appropriate and the target for the overnight rate remains at 1 per cent.
[2014-01-01] real gdp growth slowed markedly in china, largely reflecting lower investment growth and exports.
[2014-01-01] the sterling effective exchange rate index (eri) had fallen by around ½% during the month, reflecting a 1½% depreciation of sterling against the dollar.
[2014-01-01] both had been drifting up in recent months, perhaps reflecting the relative performance of the uk economy.
[2014-01-01] recent data suggested that the us economy had grown at a moderate pace over recent months, after contracting in the first quarter.
[2014-01-01] the harsh winter had almost certainly played a part in temporarily depressing activity and, based on data on household consumption in april and may, bank staff’s estimate of growth in the second quart
[2014-01-01] output in the rest of east asia appeared to have been growing at around its average pace of recent years, supported by stronger domestic demand.
[2014-01-01] Consumer prices jumped in October, as hurricane damage contributed to higher prices for food and energy.
[2014-01-01] a couple of participants added that nonresidential construction activity was rising in their districts.
[2014-01-01] it would be necessary, however, to reassess the domestic outlook in light of the revised national accounts data that the ons would release in full as part of _blue book 2014._ cpi inflation had unexpe
[2014-01-01] despite generally lackluster results for first-quarter earnings, corporate guidance for profits in coming quarters led to upward revisions in analysts' forecasts of year-ahead earnings per share for s
[2014-01-01] with regard to inflation, a number of participants saw a risk that it could run persistently below their 2 percent objective, with some expressing concern that such an outcome could undermine the cred
[2014-01-01] as was the case when the october 2013 outlook report had been discussed, a few members held a more cautious view of the outlook for prices compared with the forecasts in the baseline scenario, mainly
[2014-01-01] as global headwinds recede, confidence in the sustainability of domestic and global demand should improve and business investment should pick up.
[2014-01-01] the price of brent crude oil had fallen by 15% in sterling terms since the previous mpc meeting and by 35% since mid-june.
[2014-01-01] A number of global factors were seen as contributing to downward pressure on term premiums, including central bank asset purchase programs and the strong worldwide demand for safe assets.
[2014-01-01] private consumption had shown a moderate recovery, with consumer sentiment continuing to improve, although the employment and income situation remained severe.
[2014-01-01] the allotment limit was subsequently increased to $10 billion per counterparty in early april.
[2014-01-01] A number of participants indicated that the Committee should resume asset purchases only if substantially adverse economic circumstances warranted greater monetary policy accommodation than could be p
[2014-01-01] the manager also provided an update on staff work related to potential arrangements that would allow depository institutions to pledge funds held in a segregated account at the federal reserve as coll
[2014-01-01] this could feed through into average wages as job-to-job churn returned to more normal levels and existing workers demanded commensurately higher pay to prevent them, too, seeking alternative employme
[2014-01-01] as for fiscal 2015 through fiscal 2016, they shared the view that a virtuous cycle of economic activity would be maintained -- supported by (1) a firm increase in domestic private demand reflecting ac