Free Trial

MNI: FED DOES NOT EXTEND MATURITY OF ASSET PURCHASE PROGRAM

(MNI) WASHINGTON


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

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.