Comments: Above is the text of the FOMC policy statement issued yesterday, with the changes shown vis-a-vis the statement issued in October. Looks like they're no longer worried about inflation from energy and commodities! A good point to reusher in a commodities bull market rally.
On an unrelated note, today median year over year new home prices came in with the largest decrease in 35 years. Not a surprise. The surpising thing is that the markets are actually trying to rally on the news...
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