The Fed: We’ll Print As Much As It Takes | The Daily Capitalist

Got gold? – HT

From the Fed OMC today:

“To support continued progress toward maximum employment and price stability, the Committee expects that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens. In particular, the Committee also decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that exceptionally low levels for the federal funds rate are likely to be warranted at least through mid-2015.”

via The Fed: We’ll Print As Much As It Takes | The Daily Capitalist.

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