April 29, 2017
Wednesday, February 19, 2014

Fed keeps reduction of monetary stimulus

US Federal Reserve Headquarters in Washington DC.
US Federal Reserve Headquarters in Washington DC.

The Federal Open Market Committee (FOMC) of the Federal Reserve decided to maintain the reduction of their monetary stimulus policy “at a moderate rate,” official acts revealed.

The Committee considered that the current market volatility within the emerging markets does not represent a threat for the global economy, nor a considerable impact in the US seems likely.

Unemployment figures were also discussed during the meeting dated January 28-29. In that sense, the board members considered rates were disappointing and mediocre, while some even define it as “an anomaly.”

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Tags:  World  US  Economy  Federal Reserve  

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