The Fed sharpens its new policy framework with strong forward guidance.
They provide short-term funding that oils the economy's gears.
If the Fed's strategy to spur inflation works better than expected, hikes might come sooner.
Dems took the first swing; now the GOP gets its chance.
The Fed keeps making good decisions to support the economy.
Uneventful FOMC meeting reaffirms stance of maximum support for the economy.
June prime example of how liquidity asset flows benefit investors and the economy.
Majority of FOMC participants project the range to remain at 0-0.25% through at least 2022.
The Fed has been outspoken against negative rates, and a U-shaped recovery could shorten the period they are pinned to zero.
Fed actions spurred confidence in, and inflows into, liquidity sector.
And that should be good for the liquidity markets.
The Fed has made it very clear it isn't interested.
That the Fed has been adjusting its policy action is impressive and important.
The FOMC statement reiterated it will not hold anything back to aid the economy.
Primary dealers and the short end of the commercial paper market are the latest to get support.