The Federal Open Market Committee (FOMC) will reduce by 10 billion dollars the liquidity injections so as to fall to 35 billion dollars per month, according to its statement.
The Fed revised again its forecast for the economic growth for the U.S. in 2014, after a harsh winter that blocked activity.
The country’s GDP is expected, according to the new economic forecasts of Fed, to be increased by 2.1% – 2.3% at the end of 2014 compared to the previous year, which marks a clear retreat in relation to the forecast made in March and mentioning that this increase would range between 2.8% and 3.0%.
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