United States Fed Interest Rate Decision meets forecasts (0.25%)

FXStreet.com (Barcelona)

Jul 30, 2014

United States Fed Pace of Treasury Purchase Program down to $15B from previous $20B

Fed cuts another $10 Bn; removes reference to unemployment rate being elevate

The Federal Reserve decided to maintain unchanged its interest rate at 0.0/0.25% for another month in July while it continued to taper another $10 Bn dollar in its bond buying program.