- FOMC's statement:
Market news
14 December 2010
FOMC's statement:
- FOMC leaves all policies unch, affirms QE2 for $600b Tsys ;
- FOMC says econ pace is slow, insufficient to bring down unemployment;
- recovery continuing but progress still 'disappointingly slow'
- vote 10-1 with Hoenig dissenting again, warning of improving econ, risk of imbalances & raising infl expectations
- same old as Nov.
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