Fed Keeps Rates Unchanged, Rates Will Remain Low Until Unemployment is At or Below 6.5%

Purchases of short and long term securities will sty at a rate of $40-$45 billion per month.

Economy has paused in recent months due to weather and transitory factors.

Inflation is running below expectations.

Growth is expected to proceed at a slow pace.

Dollar continues to be weak, markets pop briefly into green territory, but fall back quickly in slightly negative territory….

Full report