Fed Reserve December Meeting- Small Tapering 10B, Rates stay low

Breaking– The Federal reserve is lowering the amount of its bond buying Quantitative easing program from $85 billion per month to $75 billion per month. They were careful to note that they have concern about inflation remaining lower then the 2% target but are not worried yet, but are monitoring it carefully. The Fed packaged its decision with dovish guidance on interest rates, trying to make it clear that tapering is not tightening monetary policy and that they are looking for a modest pickup of inflation, and further lower of unemployment. As of writing this has sent the 10 year Treasury Bond over 2.89% (Updated 12/18 5:52pm) Fed Reserve Official Statement

InvestCorrectly Staff
InvestCorrectly Staff

Latest posts by InvestCorrectly Staff (see all)

You may also like...

escort kutahya escort bornova escort beylikduzu escort amasya escort diyarbakir
More in Fed Reserve, Interest Rates, QE, tapering
Morning Roundup- Unemployment drops to lowest level in 5 years and US Budget negotiators make progress

US employers payrolls rose by 203,000 last month according to the US Labor Department dropping the unemployment rate to 7.0%,...