Wednesday, October 30, 2013

This Time Around, the FOMC Did Deliver... the Uneventful Communiqué Everybody Was Expecting

After passing on tapering in September, and factoring in the repercussions of the recent government shutdown and the debt limit impasse, the writing was on the wall that this FOMC meeting would yield a dull statement. This time around, the FOMC did deliver on expectations. Given the relatively minor changes in



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