FOMC Rate Decision from Jan. 28-29th, 2014 Meeting: to Reduce Bond Buying to $65B/Month, Treasury Purchases to $35B/Month
January 29, 2014 at 14:08 PM EST
Information received since the Federal Open Market Committee met in December indicates that growth in economic activity picked up in recent quarters. Labor market indicators were mixed but on balance showed further improvement. The unemployment rate declined but remains elevated. Household spending and business fixed investment advanced more quickly in