The major changes in the December were forward guidance in the asset purchase program (QE) as well as upgrades in economic forecasts. The Fed left the policy rate unchanged at 0-0.25% and asset purchases at US$120B per month. The updated median dot plot suggests that no rate hike is likely at least until 2024. As […]
The post Fed Pledged to Continue QE Until “Substantial Progress” Seen in Employment and Inflation appeared first on Action Forex.