ActionForex

Fed Pledged to Continue QE Until “Substantial Progress” Seen in Employment and Inflation

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.

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