More FOMC: A closer look reveals the true dovish nature of the statement: "If the labor market...

|By:, SA News Editor

More FOMC: A closer look reveals the true dovish nature of the statement: "If the labor market does not improve substantially, the Committee will continue its purchases of agency MBS, undertake additional asset purchases, and employ its other policy tools as appropriate ... a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens." Gold +1% to $1,749.