Fed Keeps Pace of Asset Purchases as Growth Pauses

Jan. 30 (Bloomberg) -- The Federal Reserve will keep purchasing securities at the rate of $85 billion a month as the economy paused because of temporary forces including bad weather. The Fed left unchanged its statement that it planned to hold its target interest rate near zero as long as unemployment remains above 6.5 percent and inflation remains below 2.5 percent. Peter Cook reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Yuan's Entry Into IMF Basket May Spark Inflows to China
55:24 - Adarsh Sinha, head of Asia-Pacific Group of 10 foreign exchange strategy at Bank of America in Hong Kong, talks about the International Monetary Fund's upcoming decision on whether to grant China's yuan status as a reserve currency by adding it to the fund’s Special Drawing Rights basket. Sinha speaks with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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