% | $
Quotes you view appear here for quick access.

Alliancebernstein Income Fund Message Board

  • c_wallis_jr c_wallis_jr Jun 20, 2013 1:51 AM Flag

    A positive conclusion for AGC investors:

    The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that this exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment rate remains above 6-1/2 percent, inflation between one and two years ahead is projected to be no more than a half percentage point above the Committee's 2 percent longer-run goal, and longer-term inflation expectations continue to be well anchored. Unemployment will not get to 6.5 for the foreseeable future.

7.910.00(0.00%)Apr 18 4:02 PMEDT