Calculated Risk: FOMC Statement: Accelerate Taper
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A top ranked economics and finance blog with a focus on the housing market
<p><span>The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.</span></p> <div><span><br /></span></div>
DJ DOKUMENTATION/Begleittext zum Beschluss der US-Notenbank Dow Jones Newswires sendet im Anschluss die Erklärung des Offenmarktausschusses (FOMC) der US-Notenbank zum Zinsbeschluss vom 15. Dezember
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Finally, following a two-day meeting, it's official: the US Federal Reserve announced on Wednesday it will begin tapering stimulus to the economy this month but also leaving the door open for possible changes if there are shifts in the scenario because of the pandemic. Likewise, inflation was described as 'transitory' because of supply chain issues in the post-pandemic recovery.