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  • FOMC Statement

    *FED TO KEEP BUYING MORTGAGE BONDS AT PACE OF $40 BLN A MONTH

    *FED SAYS INFLATION `PARTLY REFLECTING TRANSITORY INFLUENCES

    *FED SAYS DOWNSIDE RISKS DIMINISHED SINCE AUTUMN

    *FED TO KEEP REINVESTING HOUSING DEBT INTO MORTGAGE BONDS

    *FED SAYS HOUSING SECTOR STRENGTHENED FURTHER

    *FED SAYS ECONOMY EXPANDING AT `MODERATE PACE'

    *FED SAYS LABOR MARKET SHOWS `FURTHER IMPROVEMENT'

    *FED LEAVES FEDERAL FUNDS RATE TARGET AT ZERO TO 0.25%

    *BULLARD COMMENTS REFER TO `RECENT LOW INFLATION READINGS'

    *ST. LOUIS'S BULLARD WANTED STRONGER DEFENSE OF INFLATION

    **FOMC: REPEATS, 'PREPARED TO INCREASE OR REDUCE' PURCHASES

    *BULLARD, GEORGE DISSENT FROM FOMC STATEMENT

    *FED MAINTAINS $85 BILLION MONTHLY PACE OF BOND BUYING

    **FOMC: KEEPS $85BLN/MONTH TOTAL ASSET BUYS, COMPOSITION SSAME

    *FIFTEEN OF 19 FED OFFICIALS SEE NO RATE INCREASE BEFORE 2015

    *FED PROJECTS UNEMPLOYMENT RATE AT 6.5%-6.8% BY END OF 2014

    *FED PROJECTS UNEMPLOYMENT RATE AT 6.5%-6.8% BY END OF 2014

    Jun 19 2013