Filed under: Forecasts, Good news, Money and Finance Today, Economic Data, Headline News, Federal Reserve, Recession, Financial Crisis
The Federal Reserve Open Market Committee (FOMC) issued its statement indicating again that interest rates will remain low for an extended period of time. The decision was not unanimous: it came with one dissenting vote.
The Fed has, in essence, decided to continue its current course of discontinuing quantitative easing with the elimination of the remaining special programs. Shrinking the Fed balance sheet is the next step. However, monetary policy in general will be loose with the rates staying low for an extended period of time.
Continue reading The Fed Decision: No More Excitement for the Week!
The Fed Decision: No More Excitement for the Week! originally appeared on BloggingStocks on Wed, 28 Apr 2010 18:00:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Full story at http://www.pheedcontent.com/click.phdo?i=d1bc880eca4467bf42ca0767c82dc26b
Posts
No comments:
Post a Comment