アメリカのFRBは政策金利を現行の2.00%に据え置くことを決定しました。


この結果を受けて、マーケットでは、失望感から、株売り、円高、ドル高となっています。


ニューヨークダウ平均株価は発表直後100ドル程度急落、外国為替市場でもあらゆる通貨に対して、円とドルが急伸しています。


マーケットでは今日の0.25%の利下げを100%織り込んでいましたが、それに反する結果となりました。


この金融不安の中、利下げをしないのかと正直驚いています。


利下げをしても何も変わりませんが、精神的効果はあったのではないでしょうか。


以下、FOMCの声明文です。


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Release Date: September 16, 2008

For immediate release
The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent.

Strains in financial markets have increased significantly and labor markets have weakened further. Economic growth appears to have slowed recently, partly reflecting a softening of household spending. Tight credit conditions, the ongoing housing contraction, and some slowing in export growth are likely to weigh on economic growth over the next few quarters. Over time, the substantial easing of monetary policy, combined with ongoing measures to foster market liquidity, should help to promote moderate economic growth.

Inflation has been high, spurred by the earlier increases in the prices of energy and some other commodities. The Committee expects inflation to moderate later this year and next year, but the inflation outlook remains highly uncertain.

The downside risks to growth and the upside risks to inflation are both of significant concern to the Committee. The Committee will monitor economic and financial developments carefully and will act as needed to promote sustainable economic growth and price stability.

Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; Christine M. Cumming; Elizabeth A. Duke; Richard W. Fisher; Donald L. Kohn; Randall S. Kroszner; Sandra Pianalto; Charles I. Plosser; Gary H. Stern; and Kevin M. Warsh. Ms. Cumming voted as the alternate for Timothy F. Geithner.