Trader Talk
- HMOs Up Despite Looming House Vote
- What The Street Thinks of The Jobless Report
- Friday It's All About Jobs, Jobs, Jobs
- October Retail Sales—The Good, Bad and Ugly?
- When Good News = Good News
- Retail And Jobs Lift Mood
- October Retail Sales—Early Buzz is Strong
- Traders Digest Election Results
- Whitney's Vision For The New Normal
- Railroads And Buffett
TRADER TALK RSS FEED
MOST SHARED
- Tamminen: Why Does Oklahoma Want To Drown New York?
- Food Network, HGTV Drive Scripps Networks' Upside Surprise
- Tommy Lee, Medical Tourism and Nasty Santa, Your Emails
- U.S. Markets Gain 3% for the Week Despite 10.2% Unemployment
- Disney's 'Carol' Tests Widest 3-D Release Ever
- Stimulus II? Jobs Tax Credit=Cash For Clunkers
- Rockwell Automation Earnings: What Options Are Saying
- Gold Will Touch Higher Lows and Higher Highs: Analyst
- Is Misery Alive And Well in Your Office?
- Kraft to Formalize Hostile Cadbury Bid on Monday
- GE, Comcast Agree on NBC Universal Valuation: Report
- US Health Care Reforms Face Tough Path in Senate
- Obama Delays Start of Asia Trip to Attend Memorial
- China Urges US to Control Deficit to Stabilize Dollar
- BofA Board in Civil War Over Lewis' Succesor
- US Home Values on the Rise, For Some
- Hottest Zip Codes for Home Prices
- Week Ahead: Stocks Search for Catalyst in Quiet Week
Text Size 
Reporter
The Fed was slightly more positive on the economy, noting that "conditions in financial markets have generally improved in recent months" and that "the pace of economic contraction is slowing."
A slight change in the inflation statement. They removed concerns about deflation, but did address those who are worried inflation will get out of control in the next months. They said "substantial resource slack is likely to dampen cost pressures"
Rates: to remain low "for an extended period".
So why are stocks lower in the first half hour after the statement? First, traders pointed to the fact that there was no increase in the purchases of Treasuries or mortgage backed securities. This has led to a rally in the dollar, and because U.S. stocks have been very dollar sensitive recently (particularly commodity stocks) the market has declined.
__________________________
_____________________________
Questions? Comments?
- HMOs Up Despite Looming House Vote
- What The Street Thinks of The Jobless Report
- Friday It's All About Jobs, Jobs, Jobs
- October Retail Sales—The Good, Bad and Ugly?
- When Good News = Good News
- Retail And Jobs Lift Mood
- October Retail Sales—Early Buzz is Strong
- Traders Digest Election Results
- Whitney's Vision For The New Normal
- Railroads And Buffett
Data is a real-time snapshot *Data is delayed at least 15 minutes