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MNI: FED PATH OF ECONOMY DEPENDS ON COURSE OF VIRUS, VACCINATIONS


MNI: FED PATH OF ECONOMY DEPENDS ON COURSE OF VIRUS, VACCINATIONS

FED SAYS RECOVERY HASS MODERATED IN RECENT MONTHS

FED: NO LONGER OFFER ONE-MONTH TERM REPO OPS AFTER FEB 9

FED WILL KEEP DAILY AFTERNOON REPO OPS

FED:  FEB 2, 9 WILL BE LAST TERM REPO OPS 

FED KEEPS INTEREST RATE AT 0.00% TO 0.25% TARGET RANGE

FED: NO CHANGE TO INTEREST RATE FORWARD GUIDANCE

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

FED DOES NOT CHANGE MATURITY OF ASSET PURCHASE PROGRAM

FED KEEPS 'SUBSTNATIAL FURTHER PROGRESS' GUIDANCE QE PROGRAM

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

FED: NO DISSENTS TO JANUARY FOMC STATEMENT 

FOMC UNANIMOUSLY REAFFIRMS LONG-TERM STRATEGY; SAME AS AUGUST

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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