Fed holds fire on further easing


The Federal Reserve has held policy steady following the meeting of the Federal Open Market Committee (FOMC) on October 23–24.

The federal funds rate will remain at 0–0.25%, monthly purchases of $40 billion of agency mortgage-backed securities will continue and the Fed's maturity extension programme will remain until the end of the year. In line with its previous meeting, the Fed's forward guidance was for rates to remain low until mid-2015.

The FOMC noted that economic activity expanded at a "m

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: