No change from the fed — acknowledges inflation slowdown, may increase or reduce qe
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The Federal Reserve has just released its latest FOMC statement on monetary policy.
Some highlights: the FOMC acknowledges the recent slowdown in inflation, but says that longer-term inflation expectations have remained stable.
However, the FOMC also says it is "prepared to increase or reduce the pace of its purchases to maintain appropriate policy accommodation as the outlook for the labor market or inflation changes."