teenies 1.676 (at open); 1.689 (high pre-FOMC)
no rate change; as expected
post announcement: 1.635 .. but what showed the biggest move is dollar ... which had a big drop; & of course, gold went opposite.
inflation is expected to rise 2.4% this year and Feds plan to deem it as transient - i.e. no action.
80B treas & 40B MBS monthly purchase; so the liquidity remains.
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