WASHINGTON (AP) — The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help. In a statement after a policy meeting, the Fed says it's paring its monthly purchases by another $10 billion to $25 billion.
Fed Makes Sixth Reduction In Bond Buying
By MARTIN CRUTSINGER, AP Economics Writer, Seattle Post-Intelligencer: Business
Wed, 07/30/2014 - 11:10am
BING NEWS:
- Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise
Traders have pulled forward their expectations for the first interest rate cuts in the US as the economy added fewer jobs than expected.
05/3/2024 - 5:59 am | View Link - Fed Reserves to hold rates steady amid inflation concerns
Powell mentioned that rate reductions will only happen once the Federal Open Market Committee (FOMC) is convinced inflation is on a path toward 2 percent over the medium term. He added that this is ...
05/3/2024 - 1:53 am | View Link - U.S. Fed Keeps Interest Rates On Hold, Highlights Lack Of Progress On Inflation
The inflation challenge facing the Fed. Why the US jobs market remains strong. The strong US economy and the Fed: why rates may stay higher for longer ...
05/3/2024 - 12:51 am | View Link - US Fed policy: Political stability to outweigh higher interest rate concerns for Indian investors, experts say
The US dollar and 10-year bond yields also declined in trade. The Fed is seeking enough confidence in a sustained decline in inflation before it considers embarking on rate reduction. The combination ...
05/2/2024 - 3:58 am | View Link - Pound Sterling tumbles as US Dollar rebounds ahead of US NFP
The Pound Sterling exhibits strength above 1.2500 as the Fed’s guidance on interest rates was slightly less hawkish than expected. Fed’s Chair Jerome Powell said he is still confident about a ...
05/2/2024 - 3:28 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more