yusufizzetmurat/fed-pulse-embedding-caches huggingface dataset:
[2009-01-01] on november 17, the board of governors announced a reduction in the maximum maturity of loans available under the discount window's primary credit program from 90 days to 28 days, effective january 14
[2009-01-01] some members were of the view that this trend was likely to continue for the time being.
[2009-01-01] the staff forecast for overall and core personal consumption expenditures (pce) inflation over the next two years was revised down slightly.
[2009-01-01] however, they judged that purchases of longer-term treasury securities would only modestly improve conditions in private credit markets at present, and that completing already-announced plans to purch
[2009-01-01] although the rise in hourly compensation in the nonfarm business sector picked up slightly in the first quarter, the employment cost index decelerated further.
[2009-01-01] general collateral (gc) repo rates had been more or less unchanged, but they had remained sensitive to changes in the balance between supply and demand in the market.
[2009-01-01] meanwhile, a different member said it was important to bear in mind that these measures to facilitate corporate financing were expected to perform the role of a safety net.
[2009-01-01] a different member commented that, given the current industrial structure in japan, future economic recovery would continue to depend largely on developments in overseas economies, and therefore uncer
[2009-01-01] two official estimates of japanese gdp growth had been published during the month.
[2009-01-01] In the near term, the 12-month change in PCE prices was expected to move above 2 percent as the low inflation readings from the spring of last year drop out of the calculation.
[2009-01-01] the supply of credit by banks to households and private non-financial firms was likely to remain constrained as long as banks were restructuring their balance sheets.
[2009-01-01] Some participants mentioned upside risks around the inflation outlook that could arise if temporary factors influencing inflation turned out to be more persistent than expected.
[2009-01-01] economic growth in india had decelerated, and that in the nies and the asean countries had been sluggish.
[2009-01-01] a few members added that the economies of commodity-exporting countries and grain-exporting countries such as those in the middle east and central and south america, as well as australia, showed signs
[2009-01-01] interest rates on term instruments showed the following developments.
[2009-01-01] however, it was clear that investment spending plans for the year ahead were now being scaled back.
[2009-01-01] on the other hand, some members expressed the opinion that an overheating in emerging economies and the resultant rise in commodity prices might cause prices to become stronger than expected through a
[2009-01-01] the government would also like the bank to continue to support the economy by conducting monetary policy in an appropriate and flexible manner, taking account of the downside risks to the economy and
[2009-01-01] this would tend to increase the relative prices of those assets, and hence wealth, and would, by stimulating the demand for corporate credit instruments, improve the supply of funds to the corporate s
[2009-01-01] it was possible that these new data could lead the ons to revise down its preliminary estimate for gdp growth of -1.5% that it had published in january.
[2009-01-01] members noted that there were also other signs that the rate of contraction in the us economy had slowed, with the ism surveys of business conditions in the manufacturing and other sectors showing som
[2009-01-01] (2) the government also regarded japan's economic conditions as severe, and had announced economic measures amounting to about 75 trillion yen in total.
[2009-01-01] there had been a slight rise in export volumes, after some very large falls, and surveyed business conditions were up strongly, to close to average levels.
[2009-01-01] all agreed that the path of short-term rates going forward would be dependent on the evolution of the economic outlook.
[2009-01-01] higher equity prices appeared to result not only from generally better-than-expected corporate earnings, which seemed largely to reflect aggressive cost cutting, but also from a reduction in the perce
[2009-01-01] In the household sector, the rise in home mortgage debt likely slowed a bit further in the first quarter, as home-price appreciation appeared to have remained sluggish.
[2009-01-01] The Committee will continue to monitor economic and financial developments and will act as needed to promote sustainable economic growth and price stability. "
[2009-01-01] the number of housing starts, a leading indicator of housing investment, had recently begun decreasing again.
[2009-01-01] notwithstanding the general deterioration in financial market sentiment, conditions in global money markets were considerably better than late last year.
[2009-01-01] Some participants noted that communications about the appropriate path of policy would be a focus of market participants in the current environment and commented that it would be important to emphasiz
[2009-01-01] the forecasts assumed a rise in the cash rate over the year ahead.
[2009-01-01] that would restrain lending and could hold back the recovery in the global economy.
[2009-01-01] The Committee reiterated, however, that purchases were not on a preset course, and that its decisions about the pace of purchases would remain contingent on its outlook for the labor market and inflat
[2009-01-01] however, investment had held up much better than expected earlier in the year.
[2009-01-01] both core and overall pce price inflation were expected to be damped by low rates of resource utilization, falling import prices, and easing cost pressures as a result of the sharp net declines in oil
[2009-01-01] secretary's note: on september 24, 2009, the federal reserve announced schedules for operations under the taf and the tslf through january 2010 and indicated that it would seek public comment on a pro
[2009-01-01] real disposable personal income fell for the fourth consecutive month in september, reflecting the weakness in the labor market.
[2009-01-01] Some participants stated that low interest rates appeared to be contributing to strong sales of autos or, more generally, of consumer durables.
[2009-01-01] The Committee expects these effects to be transitory, but it will pay close attention to the evolution of inflation and inflation expectations.
[2009-01-01] Members commented that the continued strong increases in energy and other commodity prices would prompt a difficult adjustment process involving both lower growth and higher rates of inflation in the
[2009-01-01] on asian economies, members concurred that the economic slowdown had intensified, due to a decrease in exports reflecting the economic downturn in the united states and europe and to deterioration in
[2009-01-01] some economies, including the united states and united kingdom, had seen relatively modest declines in inflation so far, although the extent of the contraction in economic activity that had occurred s
[2009-01-01] the staff would like to propose that the bank accept the dbj's request and take the necessary steps.
[2009-01-01] real residential construction contracted in november and december.
[2009-01-01] moreover, on march 4, 2009 the bank commenced outright purchases of corporate bonds.
[2009-01-01] Members commented that added fiscal stimulus might prove to be a useful complement to an accommodative monetary policy in the period immediately ahead when economic activity was likely to remain below
[2009-01-01] moreover, the unusually large fraction of those individuals with jobs who were working part time for economic reasons, as well as the uncommonly low level of the average workweek, pointed to only a gr
[2009-01-28] A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, January 27, 2009, at 1:30 p.m. and conti
[2009-01-28] The Federal Open Market Committee decided today to keep its target range for the federal funds rate at 0 to 1/4 percent. The Committee continues to anticipate that economic conditions are likely to wa
[2009-03-17] A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, March 17, 2009, at 2:00 p.m. and continu
[2009-03-17] Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining equity and housing wealth, and tight credit conditio
[2009-04-29] Information received since the Federal Open Market Committee met in March indicates that the economy has continued to contract, though the pace of contraction appears to be somewhat slower. Household
[2009-04-29] A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors in Washington, D.C., on Tuesday, April 2
[2009-06-24] Information received since the Federal Open Market Committee met in April suggests that the pace of economic contraction is slowing. Conditions in financial markets have generally improved in recent m
[2009-06-24] A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors in Washington, D.C., on Tuesday, June 23
[2009-08-11] A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors in Washington, D.C., on Tuesday, August
[2009-08-11] Information received since the Federal Open Market Committee met in June suggests that economic activity is leveling out. Conditions in financial markets have improved further in recent weeks. Househo
[2009-09-22] A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors in Washington, D.C., on Tuesday, Septemb
[2009-09-22] Information received since the Federal Open Market Committee met in August suggests that economic activity has picked up following its severe downturn. Conditions in financial markets have improved fu
[2009-11-04] A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors in Washington, D.C., on Tuesday, Novembe
[2009-11-04] Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on balan
[2009-12-15] Information received since the Federal Open Market Committee met in November suggests that economic activity has continued to pick up and that the deterioration in the labor market is abating. The hou
[2009-12-15] A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors in Washington, D.C., on Tuesday, Decembe
[2010-01-01] they also agreed that the improvement in the economy had been underpinned by various policy measures taken at home and abroad and by inventory restocking, and there was not yet sufficient momentum to
[2010-01-01] Nonfarm payroll employment continued to expand through July and the civilian unemployment rate was unchanged at 4.
[2010-01-01] the announcement of this had little effect on interest rates on bank debt, though a scarcity premium on guaranteed issues saw spreads on guaranteed debt decline a little.
[2010-01-01] In these circumstances, the Committee believed that some further measured policy firming was likely to be needed to keep the risks to the attainment of both sustainable economic growth and price stabi
[2010-01-01] some members expressed the view that the emergence of the fiscal deficit problem in some european countries had directed market attention to fiscal conditions worldwide, including japan, and it had be
[2010-01-01] In the days immediately following the Brexit vote, asset prices were volatile, and some financial markets, particularly certain foreign exchange markets, experienced brief periods of strained liquidit
[2010-01-01] thought that potential output growth was likely to be a bit higher than forecast by the staff.
[2010-01-01] the tensions in european financial markets had seen a further pushing back in the expectations of when central banks in the three largest advanced economies would begin tightening policy.
[2010-01-01] in china, real gross domestic product (gdp) increased at a higher-than-expected annual rate in the first quarter as the economic recovery remained broad based, with industrial production, investment,
[2010-01-01] they noted that inflation had been persistently below 2 percent during the current economic expansion and that core inflation on a 12-month basis was little changed in recent months at a level below 2
[2010-01-01] of particular relevance to australia, chinese steel production had fallen over the past few months.
[2010-01-01] but construction activity in both the residential and nonresidential sectors remained depressed, and a significant portion of the rise in domestic demand was again met by imports.
[2010-01-01] Several members reiterated that business spending was the critical factor that would govern to a substantial degree the timing and extent of the acceleration in overall economic activity.
[2010-01-01] in terms of risk management, it would be appropriate to (1) segregate assets purchased through the program from those obtained through other money market operations; (2) set a purchase limit for each
[2010-01-01] Retail energy prices were likely to retrace at least a portion of the post-hurricane increase, and consumer confidence should rebound.
[2010-01-01] most participants again projected that the economy would grow somewhat faster in 2011 and 2012, generating a more pronounced decline in the unemployment rate.
[2010-01-01] Several other participants, however, noted that increases in excess reserves or the monetary base, by themselves, might not have a significant stimulative effect on the economy or prices because the n
[2010-01-01] however, closed-end residential mortgage loans on banks' books increased modestly for the second month in a row.
[2010-01-01] Geopolitical uncertainties, notably those relating to developments in Iraq, frequently were cited by business contacts as a major reason for caution, but other factors inhibiting capital expenditures
[2010-01-01] in the household sector, measures of consumer sentiment had continued to rise to above-average levels, though the unemployment rate had recently edged up.
[2010-01-01] members noted that the german labour market had held up very well over the past two years.
[2010-01-01] with regard to long-term interest rates in japan, the benchmark rate had declined slightly, and was in the range of 1.20-1.25 percent.
[2010-01-01] some members expressed the view that the purchasing of various financial assets through the program discussed at this meeting should only be a temporary and extraordinary measure.
[2010-01-01] moreover, despite further declines in mortgage interest rates in recent months, other factors continued to restrain housing demand, including consumer pessimism about the outlook for jobs and income,
[2010-01-01] with asia accounting for more than half of japan's total exports, strength in domestic demand in the region was benefiting the japanese economy, which had registered strong growth in the march quarter
[2010-01-01] a number of businesses continued to report that they were holding back on hiring and capital spending because of uncertainty about future taxes, health-care costs, and regulations.
[2010-01-01] despite reports of gradually improving credit availability, net finance raised by private non-financial companies from uk banks and capital markets had fallen in february for the seventh month in the
[2010-01-01] a few members expressed the opinion that the experience of the recent global financial crisis suggested that, in the conduct of monetary policy, it was necessary to make wide-ranging assessments of no
[2010-01-01] with energy price increases expected to slow next year, total pce inflation was seen as likely to fall back in line with core inflation by the end of 2011, as in previous projections.
[2010-01-01] The large current account deficit was seen as a factor pointing to potential depreciation of the dollar over time, with adverse repercussions on domestic inflation albeit favorable effects on exports.
[2010-01-01] some members noted that business performance had been favorable and the effects had been seen in the rise in stock prices.
[2010-01-01] a few members expressed the view that the demand-boosting effects of various policy measures targeted at durable goods consumption -- which had supported the pick-up in the economy -- were likely to w
[2010-01-01] members noted that exposures of australian banks to the fiscally stretched euro area economies were very small.
[2010-01-01] because such firms tend to be more dependent on commercial banks for financing, participants saw limited credit availability as a potential constraint on future investment and hiring by small business
[2010-01-01] developments in credit and asset markets, on the other hand, had remained subdued.
[2010-01-01] first, the committee could consider halting all reinvestment of the proceeds of maturing securities.
[2010-01-01] also, details such as the total amount of the loans and the deadline for new applications for the loans should be determined, taking into account financial institutions' plans for such lending and inv
[2010-01-01] the forecast for inflation had been revised up, and over the next couple of years it was likely that inflation would not be much below the top of the target range.
[2010-01-01] stock markets in europe had been nervous due to concerns about the consequences and possible impact of the fiscal deficit problem in countries such as greece, and stock prices had most recently declin
[2010-01-01] members discussed issues surrounding high public debt levels in many advanced economies.
[2010-01-01] it was likely to weaken temporarily mainly due to the ending of the boost from the extremely hot weather and the expiration of subsidies for purchasers of environmentally friendly cars, but was expect
[2010-01-01] (2) faced by the current severe economic conditions, the government, with the aim of overcoming deflation and ensuring economic recovery, would carry out the emergency economic countermeasures and ste
[2010-01-01] survey indicators provided some evidence that hiring intentions were firming.
[2010-01-01] The absence of further large gains in stock prices, should recent trends persist, would remove this stimulus and probably induce some moderation in the growth of consumer spending.
[2010-01-01] private consumption, notably durable goods consumption, was picking up mainly due to policy measures, despite the continued severe employment and income situation, and this trend was likely to continu
[2010-01-01] however, with firms' persistent sense of excessive capital stock, the pace of improvement in business fixed investment was likely to remain moderate.
[2010-01-01] the retail trade data had suggested relatively subdued sales in december but solid growth in january.
[2010-01-01] (2) in view of the current severe economic conditions and concerns about economic deterioration, the government -- based on the three-step economic measures -- had implemented the first step, financed
[2010-01-01] private consumption had been relatively weak as a whole, while production had been picking up as exports increased and the pace of decline in business fixed investment moderated.
[2010-01-01] Given the substantial uncertainty still attached to projections of money growth consistent with the Committee's basic objectives for monetary policy, the members agreed that there was no firm basis fo
[2010-01-01] a number of participants noted that their business contacts had become more optimistic about the outlook for sales and production.
[2010-01-01] at earlier stages of production, producer prices of core intermediate materials moved down, on net, during july and august while most indexes of spot commodity prices increased.
[2010-01-01] in japan, the expansion appeared to be continuing, though growth in exports and production had slowed over the past couple of months.
[2010-01-01] members shared the view that, although the pace of decline in the cpi was likely to continue moderating as the supply and demand balance improved, downward pressure on prices was likely to persist for
[2010-01-01] the accounts confirmed that conditions varied considerably across sectors, with manufacturing output having been flat over the first three quarters of 2010, in contrast to solid rises in output in the
[2010-01-01] the authorities in brazil and thailand had increased taxes on capital inflows, while the introduction of capital controls was being considered in korea, indonesia and south africa.
[2010-01-01] prices appeared to have levelled out in late 2009 in lower-priced suburbs, consistent with reduced demand following the winding back of the higher grants to first-home buyers.
[2010-01-01] recent announcements of further monetary and fiscal stimulus were likely to boost the outlook for activity and inflation.
[2010-01-01] some members -- noting that small firms, particularly very small ones, regarded their financial positions as having deteriorated - commented that differences in funding conditions according to firm si
[2010-01-01] In the household sector, the ongoing deceleration in house prices further restrained the growth of home mortgage debt.
[2010-01-01] members agreed that the fiscal problems in europe, if not resolved satisfactorily, could result in renewed turmoil in markets and fresh weakness in the global economy, which could have implications fo
[2010-01-01] some members said that private consumption and fixed asset investment continued to show high growth.
[2010-01-01] by making such policy efforts in a seamless manner, the government would do its utmost to help the economy overcome deflation and achieve a self-sustaining recovery.
[2010-01-01] the non-manufacturing purchasing managers’ index for august had fallen significantly and pointed to only marginal further expansion, although some other data had been more positive.
[2010-01-01] In those Districts in which activity had been adversely affected by the drop in energy prices, drilling activity was either contracting less rapidly or was stabilizing.
[2010-01-01] the staff's revised central forecast for gdp growth was broadly similar to that at the time of the august statement on monetary policy.
[2010-01-01] some members were of the view that the euro area economy would likely recover only moderately, because economic activity would be constrained by balance-sheet adjustments and moves toward fiscal conso
[2010-01-01] In the emerging market economies (EMEs), a pickup in growth in China in the second quarter, supported by policy stimulus, appeared to be more than offset by slower growth in Latin America.
[2010-01-01] in the year to date, gross issuance of uk corporate debt and equity had been in line with historical averages, but less than the exceptional issuance recorded during 2009.
[2010-01-01] the australian banking system continued to be in a relatively strong condition.
[2010-01-01] The median expectation for inflation over the next 5 to 10 years from the Michigan survey edged down in October to a new historical low,
[2010-01-01] inflation was significantly higher in the united kingdom, partly reflecting the increase in the vat rate and the depreciation of the pound sterling.
[2010-01-01] the german economy continued to perform strongly, while recent data showed weakness in the peripheral euro-area countries.