U.S. Fed panel notes risk of low inflation, sticks with bond buying

07/31/2013 | Bloomberg

Persistently below-target inflation was cited as a danger to the U.S. economy as the Federal Reserve's Open Market Committee concluded a two-day meeting in Washington. The panel also reaffirmed its commitment to continued bond buying for the time being, with members continuing to debate how much more progress is needed on the unemployment front.

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