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Published on Thursday, May 1, 2014 | Updated on Monday, May 5, 2014

FOMC Statement: April 29th – 30th

Calm Prevail on Surface – Minutes will Reveal Behind-the-Scenes Discussion • Monthly pace of asset purchases tapered to $45bn • Forward guidance left untouched bringing back unanimous FOMC vote • Two incoming Governors will likely be in place to vote in June, another one leaving