FOMC 9월 공개 의사록, 미국경기 회복 선언 _09.09.23

미국의 연방공개시장위원회(FOMC, Federal Open Market Committee)가 9월 공개 회의록에서 미국 경기침체가 저점을 지났으며, 금융시장과 주택시장을 중심으로 점차 회복세가 나타나고 있다고 진단하였습니다.
한편, 연방기금 금리는 기존대로 0.0~0.25%를 유지하면서, 경기회복을 위한 모든 가용 수단을 계속 동원하겠다는 의지를 재차 피력했습니다.

미국 기준금리를 결정하는 FOMC 회의는 1년에 8차례 열리며, 공개의사록도 8번 공개됩니다. 다음 FOMC 회의는 11월 2~3일간(현지) 열립니다.

FOMC는 이번 회의록에서 미국 경기가 침체의 최저점을 지났다고 최초로 분명히 밝혔습니다.

다음은 9월 23일 (현지) FOMC 의사록 전문입니다.

FOMC Statement

Release Date: September 23, 2009

For immediate release

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 further, and activity in the housing sector has increased.  Household spending seems to be stabilizing, but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth, and tight credit.  Businesses are still cutting back on fixed investment and staffing, though at a slower pace; they continue to make progress in bringing inventory stocks into better alignment with sales.  Although economic activity is likely to remain weak for a time, the Committee anticipates that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus, and market forces will support a strengthening of economic growth and a gradual return to higher levels of resource utilization in a context of price stability.

경기활동의 저점이 지났다고 보인다. 금융시장, 주택시장은 회복하고 있다.

With substantial resource slack likely to continue to dampen cost pressures and with longer-term inflation expectations stable, the Committee expects that inflation will remain subdued for some time.

인플레이션 위험은 상당기간 안정적으로 유지될 것이다. 

In these circumstances, the Federal Reserve will continue to employ a wide range of tools to promote economic recovery and to preserve price stability.  The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period.  To provide support to mortgage lending and housing markets and to improve overall conditions in private credit markets, the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt.  The Committee will gradually slow the pace of these purchases in order to promote a smooth transition in markets and anticipates that they will be executed by the end of the first quarter of 2010.  As previously announced, the Federal Reserve’s purchases of $300 billion of Treasury securities will be completed by the end of October 2009.  The Committee will continue to evaluate the timing and overall amounts of its purchases of securities in light of the evolving economic outlook and conditions in financial markets.  The Federal Reserve is monitoring the size and composition of its balance sheet and will make adjustments to its credit and liquidity programs as warranted.

경기회복을 위한 모든 가용 수단을 계속 사용해 나갈 것이다.

Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; Elizabeth A. Duke; Charles L. Evans; Donald L. Kohn; Jeffrey M. Lacker; Dennis P. Lockhart; Daniel K. Tarullo; Kevin M. Warsh; and Janet L. Yellen.


출처 : Federal Reserve, FOMC 연간 캘린더