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MNI: FED DOES NOT EXTEND MATURITY OF ASSET PURCHASE PROGRAM


MNI: FED DOES NOT EXTEND MATURITY OF ASSET PURCHASE PROGRAM

FED LEAVES TOTAL QE AT $120B PER MONTH; $80B TREASURY, $40B MBS

FED PROVIDES QUALITATIVE OUTCOME-BASED GUIDANCE ON QE PROGRAM

FED: QE UNTIL SUBSTANTIAL PROGRESS ON EMPLOYMENT, PRICE STABILITY

FED KEEPS FED FUNDS RATE ON PAUSE, LEAVES RANGE AT 0.00% TO 0.25%

FED: SEP MEDIAN SHOWS NO INTEREST RATE HIKES THRU 2023

FED: ONE DOT SEES RATE HIKE IN 2022; 5 DOTS SEE HIKES IN 2023

FED: NO CHANGES TO POLICY RATES; IOER 0.1%, ONRRP 0.00%

FED: NO DISSENTS TO DECEMBER STATEMENT 

MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com

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