Janet Yellen’s first FOMC statement is out:
- Fed tapers another $10 billion/month beginning in April
- Beginning in April, the Committee will add to its holdings of agency mortgage-backed securities at a pace of $25 billion per month rather than $30 billion per month, and will add to its holdings of longer-term Treasury securities at a pace of $30 billion per month rather than $35 billion per month.
- Gold & silver smash commences on que
Janet Yellen’s first Full FOMC release is below: [Read more...]