Fed Highlights
- Maintaining bond buying of $120 billion per month
- Inflation levels elevated on transitory factors
- Economy has made progress toward tapering threshold
- Raised individual counterparty reverse repo limit to $160 billion from $80 billion
-We will keep Fed Funds Rate where it is until labor market has reached full employment and inflation has reached 2%
- Indicators of economic activity and employment have continued to strengthen
(US fed neither hawkish nor dovish. very carefully treading to taper with out increasing the yields)
By: via @AlliesFin Serve Stock Market
