Fed keeps asset purchases, downgrades U.S. growth to `modest`, sees dis-inflation risk
The Federal Reserve also maintained its monthly $85 billion of bond purchases even with the U.S. economy and particularly its labor market are recovering. The Fed repeated the pledge it has used since September that it will continue the purchases until the U.S. labor market outlook has improved substantially.
Read More: www.icn.com/en/topstory/2013/07/31/Fed-FOMC-monetary-stance/index.html