Fed Ramps up Stimulus with Monthly Buy of $45 billion in Treasuries

摘要

The Federal Reserve said it will buy $45 billion a month of Treasury securities starting in January, expanding its asset-purchase programme, and it linked the outlook for its main interest rate to unemployment and inflation. "The committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor-market conditions," the Federal Open Market Committee said on Wednesday at the conclusion of a two-day meeting in Washington.