-
Fed seen trimming bond buys, could offer vague rate clues
The U.S. Federal Reserve on Wednesday looks certain to press forward with its plan to wind down its bond-buying stimulus, and could offer some vague clues on how much nearer it might be to finally raising interest rates. The central bank is widely expected to cut its monthly asset purchases to $25 billion from $35 billion, which would leave it on course to shutter the program this fall. With little drama expected from the decision, and no fresh economic projections and no news conference to guide investors, financial markets will be left to scour the Fed's announcement for any hint on whether officials are growing ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jul 30, 2014 6:23am Jul 30, 2014 6:23am
- Weakdollar
- | Joined Jan 2012 | Status: Member | 805 Comments
- Comment #2
- Quote
- Jul 30, 2014 7:01am Jul 30, 2014 7:01am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
Carbon-Dioxide: the gas of life!
- Comment #3
- Quote
- Jul 31, 2014 1:17am Jul 31, 2014 1:17am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....