Federal Reserve Announces Stimulus Tapering

The U.S. Federal Reserve has announced that, starting in January, it will cut its monthly stimulative bond purchasing from $85 billion to $75 billion.

Federal Reserve Announces Stimulus Tapering

Federal Reserve Announces Stimulus Tapering (Bloomberg) The U.S. Federal Reserve has announced that, starting in January, it will cut its monthly stimulative bond purchasing from $85 billion to $75 billion. “In light of the cumulative progress toward maximum employment and the improvement in the outlook for labor market conditions, the committee decided to modestly reduce … Continue reading Federal Reserve Announces Stimulus Tapering