Binyamin Appelbaum: Here's the statement. Zero rates until UE below 6.5 (so long as inflation below 2.5):

mattyglesias: Read the game-changing FOMC statement:

Neil Irwin: Here is FOMC statement.

otto rock: The Fed: Inflation targetting is sooooo 2011, let's try employment targetting.

Mike Konczal: Bernanke Rule: 2.5 inflation until unemployment is 6.5. Go Ben!

Simone Foxman: more QE! full statement:

Federal Reserve: Federal Open Market Committee statement: #FOMC