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The Fed: Targets, Thresholds, Guideposts, and Goals

As it is, the economic thresholds are currently equivalent to the recent date guidance (“mid-2015”) and the change in asset purchases is simply an extension of what the Fed decided in September. However, the expected date of policy tightening will depend on how the economy evolves.
-Scott J. Brown, senior vice president and chief economist, Raymond James & Associates

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