Fed Indicated that QE Tapering is Premature and Bar to Adjust Policy is High

<p>The December FOMC meeting contained little news. However, Chair Powell sent a clear indication that tapering is “premature” for the time being and that the bar to adjust the monetary policy is higher. The Fed left all measures unchanged at the meeting. The Fed funds rate stays at 0-0.25% and the size of asset purchases […]</p>
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