2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.35

+2.7%

Nov 10 4:00 PM EST

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From: 2MAR$	9/18/2013 2:14:31 PM
	Read Replies (3) of 217657

Fed did not taper, left $85 B QE intact given tightening of financial conditions, which if sustained, could slow the pace of improvement. That leaves monthly purchases of Treasuries at $45 B and MBS purchases were kept intact at $40 B/month. The Fed also maintained its zero-0.25% low-rate policy setting and much of its previous guidance, while remaining wary over inflation persistently trending below 2%. gold got a good reprieve off 1300 The Fed said in is statement, "Taking into account the extent of federal fiscal retrenchment, the Committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program a year ago as consistent with growing underlying strength in the broader economy. However, the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its purchases. Accordingly, the Committee decided to continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month."

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