Meanwhile, the risks to the Bank's
inflation projection remain roughly balanced.
The Fed will now «print» $ 85 billion a month until the unemployment rate falls below 6.5 % and
inflation projections remain no more than half a percentage point above 2 % for two years out.
Not exact matches
The Bank judges that the risks around the
inflation profile
remain roughly balanced over the
projection horizon.
The Fed's latest
projections show that it expects
inflation to
remain below target, and unemployment to stay above target, at least through 2014.
In particular, the Fed's policymaking body indicated that it would not increase interest rates as long as the unemployment rate
remains above 6.5 % and
inflation projections one to two years out are not above 2.5 %.