Fed Pledged to Continue QE Until “Substantial Progress” Seen in Employment and Inflation

<p>The major changes in the December were forward guidance in the asset purchase program (QE) as well as upgrades in economic forecasts. The Fed left the policy rate unchanged at 0-0.25% and asset purchases at US$120B per month. The updated median dot plot suggests that no rate hike is likely at least until 2024. As [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/348448-fed-pledged-to-continue-qe-until-substantial-progress-seen-in-employment-and-inflation/">Fed Pledged to Continue QE Until &#8220;Substantial Progress&#8221; Seen in Employment and Inflation</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>