US Bond Market Week in Review: Inflation Continues to Underperform the Fed's Projections

   On Wednesday, the Federal Reserve released their latest policy statement, maintaining rates at 1%-1.25%.  The real story of the release, however, is the Fed’s view on inflation.  The policy release contained the following comments: Inflation on a 12-month basis is expected to remain somewhat below 2 percent in the near term but to stabilize around the Committee’s 2 percent objective over the medium term…The Committee will carefully monitor actual and expected inflation developments relative to its symmetric inflation goal. 

Source: XE news feed
US Bond Market Week in Review: Inflation Continues to Underperform the Fed’s Projections