UNDATED, Nov 5: The U.S. Federal Reserve kept its newly launched monetary stimulus program in place at its meeting last month and repeated its vow to keep interest rates low through at least mid-2015.
The central bank’s bond-buying program, begun in September, calls for $40 billion in mortgage debt purchases per month, to be augmented as needed, until the Fed sees a significant improvement in labor market conditions.
The following are recent comments from Fed policymakers. An asterisk next to a name denotes the person is a voting member of the policy-setting Federal Open Market Committee this year.
(agencies)
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