FOMC Review
A Few Takeaways from Today’s Federal Reserve Actions
June 18, 2014
The formal FOMC statement revealed almost nothing really useful. Most of the text was repeated language, and the modifications were unsurprising. The economic assessment of rebounding activity and a further improvement of the labor market were predictable. So was the decision to scale back asset buying by another $10 billion per month. Nobody dissented, the […] More
