US DATA: Nov 1-2 FOMC mins: One member (Evans) dissented from the
policy decision on the grounds that additional monetary policy
accommodation was warranted at this time. With the Committee in the
process of reviewing its monetary policy strategies and communication,
and no additional accommodation being provided at this meeting, a few
members (the 3 prior dissenters) indicated that they could support the
Committee’s decision even though they had not favored recent policy
actions.” On statement: “members agreed that only relatively small
changes were needed to reflect the modest improvement in the economic
outlook and to note that the Committee would continue to implement its
policy steps from recent meetings.”