Federal Reserve Will Maintain Its 0.00% to 0.25% Targeted Fed Funds Rate and
“At Least” the Current Pace of Asset Purchases, For the Duration

Broad FOMC Outlook Appears Little Changed in Wake of September Meeting

Policies Will Continue Until Both Full Employment and
Targeted, Prospective Inflation Running Above 2.0% Are Attained

FOMC Projections Suggest No Return to Normal Conditions Before 2024;
Expectations Are for GDP Recovery of Pre-Pandemic Levels Around Fourth-Quarter 2021

ShadowStats Conclusions: Policy Effects Will Mean a Continued Money Supply Spike,
With Consumer Inflation Mounting Rapidly in the Next Six-to-Nine Months