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New FOMC Statement Not More Hawkish than December Statement

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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Based on minutes of the December meeting, it had seemed plausible that the Fed might tweak the communication of its policy in such a way as to suggest greater consideration over an earlier end to quantitative easing than imagined previously.  That didn’t happened.  Nor did today’s statement change any existing policy, which was as analysts [...]

larrygreenberg @ January 30, 2013

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