FOMC Minutes: "The data indicate a moderate growth, a gradual reduction in unemployment"

Market news

3 April 2012

FOMC Minutes: "The data indicate a moderate growth, a gradual reduction in unemployment"

- Forecasts for 2013 and 2014 are not significantly changed due to recent data
- Experts Fed lowered the forecast of potential GDP
- Inflation forecast "slightly" elevated

The dollar rose sharply after the publication of FOMC Minutes

American focus: Euro fluctuates before Fed releases minutes of policy

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