New Overnight Developments Abroad - Daily Update
The Reaction to the Fed Statement
October 30, 2014
The FOMC communique was more hawkish than expected. Weak growth in Europe and enhanced global market volatility since the prior policy meeting did not deter monetary officials from ending the third phase of quantitative easing and declaring that U.S. deflationary risks had diminished. There was also a shift in direction of dissenting votes on the […] More
