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To: Eva who wrote (31275)	4/25/2012 12:01:10 PM
From: SGJ	Respond to of 222711

He's right on one thing..that being the pumping has done nothing for the economy. So why do they do it? Or better yet why should investors or traders care one way or another...it has little to no effect. Look at the chart from the St. Louis Fed: blackswantrading.com then look at the economic indicators over the past 3 years.

To: Eva who wrote (31275)	4/25/2012 12:49:15 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 222711

Thanks, but you could find anything on the net these days, I have to follow my own signals no matter whether we crash this afternoon or not, I trust my own work before anyone else... GZ

To: Eva who wrote (31275)	4/25/2012 12:55:23 PM
From: GROUND ZERO™	Respond to of 222711

Besides, I doubt ben would want to say anything to spook the markets, I'm sure he's under strict orders from the White House to pump it up... GZ

To: Eva who wrote (31275)	4/25/2012 12:58:51 PM
From: architect*	1 Recommendation Read Replies (1) \| Respond to of 222711

Press Release Release Date: April 25, 2012 For immediate release Information received since the Federal Open Market Committee met in March suggests that the economy has been expanding moderately. Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated. Household spending and business fixed investment have continued to advance. Despite some signs of improvement, the housing sector remains depressed. Inflation has picked up somewhat, mainly reflecting higher prices of crude oil and gasoline. However, longer-term inflation expectations have remained stable. Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects economic growth to remain moderate over coming quarters and then to pick up gradually. Consequently, the Committee anticipates that the unemployment rate will decline gradually toward levels that it judges to be consistent with its dual mandate. Strains in global financial markets continue to pose significant downside risks to the economic outlook. The increase in oil and gasoline prices earlier this year is expected to affect inflation only temporarily, and the Committee anticipates that subsequently inflation will run at or below the rate that it judges most consistent with its dual mandate. To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee expects to maintain a highly accommodative stance for monetary policy. In particular, the Committee decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that economic conditions--including low rates of resource utilization and a subdued outlook for inflation over the medium run--are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014. The Committee also decided to continue its program to extend the average maturity of its holdings of securities as announced in September. The Committee is maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate to promote a stronger economic recovery in a context of price stability. Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; Elizabeth A. Duke; Dennis P. Lockhart; Sandra Pianalto; Sarah Bloom Raskin; Daniel K. Tarullo; John C. Williams; and Janet L. Yellen. Voting against the action was Jeffrey M. Lacker, who does not anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate through late 2014. archive of FONC meeting transcripts 2012 Monetary Policy Releases