according to love Kang financial reported, in previous trading day of foreign exchange market United States Labour Department announced United States March quarter adjusting Hou non-agricultural employment population increased 216,000, good Yu expected of increased 192,000, and create May 2010 yilai of maximum gains, unemployment also by February of 8.9% further decline to 8.8%, strong of non-agricultural data once lit dollars of long enthusiasm, but then New York joint storage of “ economic recovery not reverse policy of reasons, Japan, and Middle East and North Africa situation still does not clear, may deterioration and affecting global economic growth ” remarks suppressed has dollars trend.
the Federal Reserve (FED) in Beijing on Wednesday (April 6) announced on March 15 minutes of the monetary policy meeting, records show that the Federal Reserve's monetary policy Committee (MPC) member on the 600 billion dollar Treasury monetary policy after the purchase action in June this year due to differences. Under the influence of this, the dollar index continued the decline after weak economic data released. Meeting records are displayed, some members considered that in after 2011 will have to continue to maintain a relaxed policy stance and other members said that the Fed should tighten policy before the end.
Conference records, part of the Federal open market Committee (FOMC) members considered that if strong economic growth or inflation, the Fed should end the 600 billion dollar bond purchase plan in advance, and other members said that, the scheme does not need to be adjusted. Meeting records show that Federal Reserve officials growing inflation, and the possibility of psychological entrenched inflation. However, they think inflation rise is mainly due to higher energy and commodity prices, will only be temporary, if the rise in commodity prices is not fast, inflation expectations have remained stable, underlying inflation may not be affected, but they vowed to pay close attention to consumers and businesses start expected future inflation rises. Number of Federal Reserve officials indicated they expected debt scheme not be reviewed before the completion, the Federal Reserve do not need to be on the loose end of the plan to reduce gradually the stock purchase.
the number of members in the light of the recent developments and the possibility of oil production to be affected, the risk of inflation to rise. The Fed said that the Middle East, North Africa and Japan's economic prospects increased uncertainty, is a series of possible economic consequences of the Federal Reserve plan appropriate exit strategies. Former Federal Reserve official wensenleihate (Vincent Reinhart) on Tuesday (April 5) said the Fed comments on inflation should be seen as in the case of not to tighten monetary policy to ensure that price control.
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