The FOMC statement is out.

Stocks turned positive.  The 10-year Treasury dipped to 1.97%.  Gold jumped around $10/oz.  And the dollar is down.

Probably because of this line:

[E]conomic conditions--including low rates of resource utilization and a subdued outlook for inflation over the medium run--are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014.

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