FLASH: Fed Leaves Rates Unch, Target Range Remains at 0-0.25%

Inflation is well anchored,

Purchase expected to be continued until outlook for labor market has improved substantially,

The Fed will change policy only when inflation becomes a problem or unemployment improves,

Inflation is running below expected long term rate,

Only one dissenter in today’s decision,

Markets largely unchanged currently down 108 on the DOW

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