Fed leaves rates, QE2 unchanged

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Fed leaves rates, QE2 unchanged (by Greg Robb)

WASHINGTON (MarketWatch) - The Federal Reserve's Open Market Committee on Wednesday made no policy changes, holding its key interest rate at historic low range of 0% to 0.25% and continuing on course with its $600 billion program of Treasury purchases. The decisions were widely expected. The FOMC made only few changes to the language of the policy statement it issued in December. Significantly, the FOMC said that underlying inflation is still trending lower, despite rising commodity prices. While the economy was recovering, the rate was still insufficient to bring about a significant improvement in labor market conditions, the statement said. The vote by the committee was unanimous.

Forum Policy

Return to Index