News Headline Summary

Fed keeps rates unchanged at 0-0.25% as expected; rates to stay exceptionally low with jobless above 6.5% with inflation seen at 2.5% or less

Says:
- Fed links interest rate outlook to inflation and unemployment.
- Expects highly accommodative policy will remain appropriate for a considerable amount of time after asset purchase program ends and economy strengthens.

12 Dec 2012 - 18:30 - Fixed Income - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: