Econintersect: The news for the first FOMC meeting of 2011 is that there were no dissenting views. The 2010 lone dissenter, Thomas M. Hoenig, the Kansas City Fed Chief, was rotated out in 2011.The release continued statements about slow economic recovery, low inflation expectations, elevated unemployment and contiuation of government securities purchases (QE2).
Make a Comment
Econintersect wants your comments, data and opinion on the articles posted. As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting. We have joined with Livefyre to manage our comment streams.
To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.