Wednesday, December 17, 2014

Fed Replaced 'Considerable Time' Language With Patience In Normalization

Fed members removed the 'considerable time' language in the December FOMC statement, suggesting that, based on its current assessment, 'it can be patient in beginning to normalize the stance of monetary policy'. The overall tone of the statement remained dovish. Fed Chair Yellen talked about the recent decline in oil



Continue Read...

0 comments:

Post a Comment

Site Search