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

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