The Federal Open Market Committee (FOMC) left its target interest rate unchanged at this week's policy meeting, with the range remaining at 0.00% to -0.25%. The central bank also confirmed that its quantitative easing (QE) purchases will expire in March. Those results were largely expected.

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AllianceBernstein Holding LP published this content on 26 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 01:45:02 UTC.