WASHINGTON (AP) — Federal Reserve officials signaled in discussions earlier this month that they would likely begin reducing the Fed's huge portfolio of bond holdings later this year, a step that could cause borrowing rates to rise.
By MARTIN CRUTSINGER AP Economics Writer, St. Louis Post-Dispatch: Business
Wed, 05/24/2017 - 11:07am
WASHINGTON (AP) — Federal Reserve officials signaled in discussions earlier this month that they would likely begin reducing the Fed's huge portfolio of bond holdings later this year, a step that could cause borrowing rates to rise.