Please find below the link to the statement at the end of the US Federal Reserve's two-day policy meeting. Nothing in this statement should come as a big surprise to markets, including The characterization of the economic outlook, The commitment to previously-announced measures, and The lack of new measures. The (soon-to-follow) press conference will be trickier, with Fed officials hoping to remain in its current "sweet spot" involving The ability to stabilize segments of the markets without spending a dime (a la ECB in the immediate aftermath of the July 2012 "Whatever It Takes" commitment), and Sidestepping the Wall Street versus Main Street criticism, as well as the extra risks it is now taking due to the expansion of its intervention footprint (see earlier posts). https://lnkd.in/e6Fxnwf #markets #fed #federalreserve #ecb #economy #centralbanks …see more