Market Reaction- Market Watch
Read the FOMC statement...
The economy has been expanding
moderately this year. Growth in employment has slowed in recent months
and the unemployment rate remains elevated. Household spending appears
to be rising at a somewhat slower pace than earlier in the year.
Housing sector remains depressed. Inflation has declined, mainly
reflecting lower prices of crude oil and gasoline but the longer-term
inflation expectation has remained stable.
The FOMC said it expects to maintain an accommodative stance on monetary
policy. The Committee decided to keep the target for the Federal
funds rate at 0 to 1/4 percent and expects to keep the Fed funds target
accommodative to 201?. Most likely 2016.
Fed releases bank stress test results...
ON THE FEDERAL RESERVE FOMC AS THEY CONCLUDE A TWO DAY MEETING ON THE ECONOMY AND MONETARY POLICY
Federal Reserve FOMC: previous snippets on the economy.
...the economy has been expanding moderately...
...unemployment rate remains elevated....
...housing remains depressed...
... Inflation has been subdued...
...economic growth over coming quarters is expected to be
More on the committees monetary policy...