Today news
About the same in other media
Fed Dials Back Bond Purchases, Plots End to Stimulus by June
Reading now: 953
The Federal Reserve closed a chapter on its aggressive, pandemic-driven stimulus when it approved plans Wednesday to begin scaling back its bond-buying program this month amid concerns that inflationary pressures could last longer than officials expected earlier this year.
Fed officials agreed to wind down their $120-billion-a-month asset-purchase program by $15 billion each in November and December, a pace that could phase out the purchases entirely by next June.
Read more on wsj.comAbout this in other media
Derby’s Take: Fed Balance Sheet Plans Could Impact Huge Reverse Repo Use wsj.com /2 years ago
Fed Picks Leave Open Questions on How Central Bank Will Regulate Wall Street wsj.com /2 years ago
El Salvador is getting ready to roll out a bitcoin-backed bond fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
