U.S. Federal Reserve Board issued a statement saying the U.S. economic activity to slow down, but not the introduction of new, loose monetary policy, the federal funds rate will remain at least until the second half of 2014 in the range of zero to 0.25 percent
 
Fed the same day at the end of the regular meetings of the Federal Open Market Committee said in a statement, the information collected after the June meeting showed that the U.S. economy has a certain degree of deceleration in the first half of this year. In recent months,
 
employment growth is slow, and unemployment remains high. Corporate investment in fixed assets continued to grow, the decline in household consumption expenditure growth rate compared with the beginning. Although the real estate market to further improve the signal, but still in the doldrums.
 
The Fed believes that the crude oil and gasoline prices fall, the U.S. inflation levels, long-term inflation expectations remain stable.
The Fed predicted that the next few quarters the U.S. economy will moderate growth, then growth will slow to upgrade, so the unemployment rate will slow gradually reduced to a reasonable level, mid-term level of inflation would be consistent with or lower than the target set by the Fed.
 
The Fed said that in order to stimulate a strong economic recovery, will the federal funds rate to maintain ultra-low range of zero to 0.25 percent, at least until the second half of 2014. Meanwhile, the Fed will continue to reverse the operation, "decided to transfer positions, that is planned to the end of this year, the sale of the remaining period for 3 years and less than 267 billion in short-term government bonds, while buying the same number of remaining maturity of 6 years to 30 years and long-term Treasuries to drive down long-term interest rates. In addition, the Fed will continue to be the principal agency debt and agency mortgage-backed securities due reinvested to buy more Fannie Mae, Freddie Mac and other agencies issued mortgage-backed securities.
A statement, the Fed said it would pay close attention to future macroeconomic and financial market trends, and the further introduction of easing if necessary, to support more robust economic growth and the job market continued to improve.
 
The Federal Open Market Committee is the Fed's monetary policy decision-making body, usually held eight times per year rate-setting meeting to serve as Chairman of the Committee by Federal Reserve Chairman Ben Bernanke.



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