Tag Archive for ‘FOMC statement’

Federal Open Market Committee (FOMC) December 13 Meeting Statement – Stay The Course, Again

The statement following the Federal Reserve Board’s FOMC meeting on December 13 was largely a rerun of the November meeting. The Fed will continue the current policies including keeping the Fed funds target rate in its 0 to 25 basis point range until at least mid-2013, extending the average maturity of its securities holdings, reinvesting principal payments on agency debt… Read More ›

Federal Open Market Committee (FOMC) November 1-2 Meeting Statement – Stay The Course

The statement following the Federal Reserve Board’s FOMC meeting on November 1-2 contained no surprises, confirming that the monetary policy committee will continue with the current policies for the time being. The target rate for Fed funds will remain at the 0 to 25 basis points range through at least mid-2013; “Operation Twist” will continue, extending the maturity of securities… Read More ›