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FOMC Statement: September 21st, 2010 at Trader’s Narrative

FOMC Statement: September 21st, 2010

Today’s FOMC statement from the Federal Reserve is below, compared to the previous statement from August 10th. The yellow text highlights the changes for easier prognostication purposes.

The main takeaway is a continuation of the zero interest rate policy due to continuing economic weakness. As well, deflation continues to be the main concern, rather than inflation.

Source: Federal Reserve

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