Federal Open Market Committee policy statement issued later said that despite the global economic slowdown, but the U.S. economy is still moderate growth. The indicators suggest that the U.S. labor market situation has improved, but the unemployment rate is still in high. Household spending continued to increase business investment growth has slowed world pie network information , the housing market is still sluggish.
December 14, the December Fed meeting on interest rates, the results of nine votes to one, decided to 0-0.25% of the low level of interest rates unchanged. The Fed reiterated that the level of interest rates will last until mid 2013.
Each time the interest rate decision announced after the Federal Reserve will publish a policy statement, the Fed policy statement reflects the collective view of the economic situation and future monetary policy. (News)
The Fed statement also said that the level of inflation since earlier this year has always been a moderate, expected inflation will stabilize at an acceptable level, and pay close attention to changes in inflation expectations. The Fed is ready to take measures to promote economic recovery and to maintain price stability.
The Federal Open Market Committee held eight meetings a year to discuss monetary policy, and relevant decisions will be posted after each meeting. Open Market Committee's main task is to peg the federal funds overnight lending rate to influence short-term interest rates, thereby maintaining the economic growth and employment stability, while the price level in the target area world pie network information .