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MessagePosté le: Jeu 23 Aoû - 08:53 (2018)    Sujet du message: Kris Dunn Jersey Répondre en citant
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Beginning in October, the Fed will continue to trim its monthly bond purchase program by 10 billion U.S. dollars to 15 billion dollars per month, staying on track to end the program later this year.


"It likely will be appropriate to maintain the current target range for the federal funds rate for a considerable time after the asset purchase program ends," the Fed said in a statement released after a two-day meeting of its Federal Open Market Committee (FOMC) Authentic Devin Shore Jersey , the Fed's chief body for monetary policy.


Before the meeting, the market expected the Fed might reword the "considerable time" language in Wednesday's statement in view of the country's strong economic data over the past few months.


The Fed said "the economic activity is expanding at a moderate pace since July." In its previous monetary policy statement in July, the Fed believed the economy rebounded in the second quarter.


Meanwhile, labor market conditions improved somewhat further Authentic Mattias Janmark Jersey , but the unemployment rate is little changed and a range of labor market indicators suggests there remains significant underutilization of labor resources, said the Fed, a similar wording to its previous statement.


The central bank also noted household spending "appears to be rising modestly" and business fixed investment "is advancing," while the recovery in the housing sector "remains slow." This wording remained unchanged compared to its previous statement.


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