Fed to Maintain Bond Buys Until ‘Substantial’ Economy Gains Seen

The Federal Reserve said it will continue to support the economy through massive monetary stimulus until it sees “substantial further progress” in employment and inflation. Discussing the news is Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg Stocks Editor Dave Wilson, Frances Donald, Chief Economist at Manulife Investment Management, Steven Skancke, Chief Economic Advisor at Keel Point, Steve Blitz, Chief U.S. Economist at TS Lombard, Bloomberg Economics Senior U.S. Economist Yelena Shulyatyeva and Randy Watts, Chief Investment Strategist at O'Neil Global Advisors. Hosts: Carol Massar and Tim Stenovec. Producer: Doni Holloway. See omnystudio.com/listener for privacy information.