No change from the fed — acknowledges inflation slowdown, may increase or reduce qe

[thenews]

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."

full statement ...

[eurofreek]

Why should they change when nothing changed in the mean time? Same banks doing same things to same people

[techmac]

Bernanke is one of the worse things happened to average American in last couple of years