Insight on the Federal Reserve's crisis minutes, with CNBC's Steve Liesman.
The minutes of the Federal Open Market Committee's (FOMC) Aug. 4-5 meeting show that board members "did not see the current stance of policy as particularly accommodative." It also revealed that most members anticipate the next policy move to be a tightening of rates, but the timing and extent of any...
The Federal Reserve Board Discount rate meeting minutes from May 19 and June 23 show that ten out of twelve reserve banks voted to leave the discount rate unchanged. The Dallas Fed and the Kansas Fed requested to have the discount rate increase by 0.25%. The Federal Reserve Bank of Kansas City and the...
In the minutes released from a meeting of Fed Governors to approve Bear Stearns' acquisition by JPMorgan and the establishment of a lending facility to primary lenders on March 14 and 16, the Fed reaffirmed that the moves were "based on recent, rapidly changing developments." "There developments demonstrated...
Minutes from the Federal Open Market Committee's March 18 meeting revealed several members saw a risk of a "prolonged and severe" downturn and that there had been "little indication" of stabilization in the U.S. housing market. Officials had concerns that price expectations might loosen and had discussed...
When released Tuesday, the minutes from the FOMC's March 18 meeting are likely to be scrutinized for indications of the Fed's economic outlook at the time of its last 75 basis point cut, as well the degree of divergence amongst committee members, economists say. Economists say the minutes from the meeting...