Fed Keeps $85 Billion Bond Buying Pace, Sees Disinflation Risk

Fed Keeps $85 Billion Bond Buying Pace, Sees Disinflation Risk

Tim Boyle/Bloomberg

Policy makers left unchanged their commitment to hold the target interest rate near zero as long as the jobless rate remains above 6.5 percent and the outlook for inflation over one to two years doesn’t exceed 2.5 percent.