Despite their unanimous vote to continue lowering their bond-buying strategy, there is much uncertainty within the Federal Reserve on how to tackle the big issues that lie ahead. Federal Reserve Chairman Janet Yellen has pointed out three major issues that the Federal Reserve must track: "the level of slack in the labor market, whether inflation is rising back toward the Fed's 2 percent goal, and the factors that could derail the economic recovery." On Tuesday and Wednesday, Fed officials will meet to discuss these issues. However, the U.S. central bankers are not likely to move quickly on policy.
http://www.reuters.com/article/2014/04/27/us-usa-fed-idUSBREA3Q08920140427
It would be interesting to see if the bond-buying strategy had an affect on the rise in inflation affect?
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