Rep. Kevin Brady (R-TX), Chairman of the congressional Joint Economic Committee, today released the following statement in response to the decision by the Federal Reserve’s Federal Open Market Committee (FOMC) to continue its large-scale asset purchase program.

“With the benefits of quantitative easing essentially at zero, this equivocating action by the Fed is less about the economy and more about its unwillingness to begin the tapering that everyone knows must begin,” Brady said.