Fed Open Market Committee: No big news of asset buys, but Fed will reinvest principal from...

|By:, SA News Editor
Fed Open Market Committee: No big news of asset buys, but Fed will reinvest principal from agency debt and agency MBS in longer-term Treasurys. Near-zero rates for an "extended period." Even the policy tools statement wasn't strengthened. KC Fed's Hoenig again the lone dissenter.