影响不大 Taper talk has started. Fed officials indicated they've begun discussing when to begin to stem the flow of their robust support for the U.S. economy amid an inflation surge — but for now, there's no policy change. The central bank kept the target range for its benchmark rate at zero to 0.25%, and also rephrased language to note that it had pledged in December to continue asset purchases at a $120 billion monthly pace until "substantial further progress" had been made on employment and inflation. "The economy has made progress toward these goals," it said. More from Jerome Powell and Co.:
The Fed established two standing repurchase-agreement facilities.
Risks to inflation are "probably to the upside," said Powell, though the statement stuck to the "transitory" language used in June; Powell couldn't say when price pressures would subside.
The U.S. is "some ways away" from substantial job progress.
There was little support for tapering MBS earlier than Treasuries, Powell said.
The Fed established two standing repurchase-agreement facilities.
Risks to inflation are "probably to the upside," said Powell, though the statement stuck to the "transitory" language used in June; Powell couldn't say when price pressures would subside.
The U.S. is "some ways away" from substantial job progress.
There was little support for tapering MBS earlier than Treasuries, Powell said.