Fed holds fire on further easing

us-federal-reserve

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: