Fed: Less Risk, More Slack: Implications On FX

The FOMC tapered by another $10 bn and made no changes to their policy language, confirming expectations. The Fed marked-to-market their assessments of growth, unemployment and the downside risks to inflation, which have diminished somewhat, notes Bank of America Merrill Lynch. “However, they c…

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Fed: Less Risk, More Slack: Implications On FX – BofA Merrill

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