The Federal Reserve will continue its program of purchasing $85 billion in securities and will leave the target interest rate for federal funds untouched to support the U.S. economy, the U.S. central bank said in a policy update issued Wednesday afternoon.
Here's a summary of the state of the U.S. economy from the Fed, which concluded two days of meetings today:
Slow and steady wins the race, but sometimes, as in life, you need a moody sidekick to get you through it. (Or maybe that's just Daria.) Over the course of three mid-tempo albums, True Widow's stoner-rock and shoegaze mix (dubbed "stonegaze," of course) trudges with back-breaking heft. It's actually perfect music for hiking — tough and determined, yet as hypnotic as the rhythmic crunch of dead leaves beneath your feet.
The United Nations Refugee Commission says more than 45.2 million people were in "situations of displacement" around the world as of last year — the most since 1994.
A report from the Office of the United Nations High Commissioner for Refugees says there were 15.4 million refugees in other countries, 937,000 people seeking political asylum and 28.8 million people forced out of their homes but still inside their own countries.