Wednesday, October 30, 2013

US FOMC Left Fed Funds Target Unchanged and Maintained Size of Monthly Purchase Program

The FOMC announced no changes to policy today with the fed funds target range maintained at 0.00% to 0.25%, and the amount of monthly securities purchases held at $40 billion of MBS and $45 billion of US Treasury bonds. Once again, the statement alluded to future lessening in the amount



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