Fed Open Market Committee: Sticks to the bond-buying course, affirming its intent to keep...

|By:, SA News Editor
Fed Open Market Committee: Sticks to the bond-buying course, affirming its intent to keep expanding securities buys in its $600B QE2 program. As expected, no change to near-zero rates and none foreseen for "extended period." Contrarian Thomas Hoenig issues only dissenting vote.