Archive for October 30th, 2014

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