原題：Merrill Analysts Cut 2008 Earnings Estimates for 12 U.S. Banks（抜粋） {NXTW NSN JNTVGD0UQVI9 <GO>}
翻訳記事に関する翻訳者への問い合わせ先：東京 木下 晶代 Akiyo Kinoshita akinoshita2@bloomberg.net Editor:Kobari 記事に関する記者への問い合わせ先： Sarah Thompson in London at sthompson17@bloomberg.net
Economic growth was moderate during the first half of the year,
but the tightening of credit conditions has the potential to
intensify the housing correction and to restrain economic growth
more generally.
Today's action is intended to help forestall some of the adverse
effects on the broader economy that might otherwise arise from the
disruptions in financial markets and to promote moderate growth over
time.
Readings on core inflation have improved modestly this year.
However, the Committee judges that some inflation risks remain,
and it will continue to monitor inflation developments carefully.
Developments in financial markets since the Committee's last
regular meeting have increased the uncertainty surrounding the
economic outlook. T
he Committee will continue to assess the effects of these and
other developments on economic prospects and will act as needed
to foster price stability and sustainable economic growth.
Voting for the FOMC monetary policy action were: Ben S. Bernanke,
Chairman; Timothy F. Geithner, Vice Chairman; Charles L. Evans;
Thomas M. Hoenig; Donald L. Kohn; Randall S. Kroszner;
Frederic S. Mishkin; William Poole; Eric Rosengren; and
Kevin M. Warsh.
