Review: Fed meeting: The US central bank, the Fed, more or less met the market’s expectations. There were a few extraordinary initiatives such as: – Expansion of monthly QE from USD 40bn MBS with purchases of USD 45bn government bonds. – a target of keeping the interest rate low until the unemployment rate falls to 6.5% and the inflation rate is in the range of 2-2.5%. On the whole, the Fed meeting was fully as we and the majority of the financial market had expected. Hence another item on our
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Fed meeting met expectations