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DE | Flash | Anytime | US FOMC – 12/15/2021
The Federal Open Market Committee (FOMC) held the Federal Funds Rate target range at 0% to 0.25%, as DE expected.
The FOMC also announced that Tapering in January will be double the current pace.
The pace of purchases will be reduced by $30B in mid-January ($20B for Treasuries and $10B for Mortgage-Backed Securities (MBS)). This is exactly what DE expected.