The Federal Reserve on Wednesday ended its monthly bond purchase program and signaled confidence the U.S. The statement largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as headwinds that would do little to undercut progress toward the Fed's unemployment and inflation goals. The Fed pointed to strengthening labor markets, saying that slack in labor markets was "gradually diminishing." It retained its basic language regarding interest rates from recent statements, saying that rates would remain low for a "considerable time" following the end of the bond purchases this month.
via Business News http://finance.yahoo.com/news/fed-ends-bond-buying-exhibits-180241266.html
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