BLOOMBERG Money Moves With Deirdre Bolton January 29, 2014
Purchases are not on a preset course. Contingentill remain on the Committee Outlook for the labor market and inflation for the success of the likely efficacy and cost of such purchases. With regard to the economy, some new language here since the last meeting. There are indications of growth and Economic Activity picking up in recent quarters. Labor market indicators showing further improvement. The Unemployment Rate declined but remains elevated. Household spending and Business Investments advanced more quickly in recent months while the recovery in the housing sector slowed somewhat. Market ...