Federal Reserve chooses to continue quantative easing
2011-01-27 16:42:31
As expected the US Federal Reserve issued its monthly guidance and chose to continue quantitative monetary easing through buying US government bonds. The reserve found that US economic recovery is strengthening but does not have sufficient momentum. The bankers did not find evidence of an inflationary threat even though commodity prices are rising. One consequence of the announcement is that commodity prices strengthened which is good news for Ukraine’s agro holdings.