Fed says progress made towards conditions for tapering bond buys - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Fed says progress made towards conditions for tapering bond buys

Fed kept the target range for its benchmark policy rate unchanged at zero to 0.25 per cent and adjusted language to say that it had pledged in December to continue asset purchases at a $120 billion monthly pace until “substantial further progress” had been made on employment and inflation.

from Stocks-Markets-Economic Times
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