On Wednesday, the Federal Reserve announced continued plans to wind down its immense bond-purchasing program.

Saying Goodbye to Ben: On Wednesday, the Federal Reserve announced continued plans to wind down its immense bond-purchasing program. The two-day FOMC meeting was the last with Ben Bernanke chair of the central bank. The post On Wednesday, the Federal Reserve announced continued plans to wind down its immense bond-purchasing program. appeared first on Money Morning - Only the News You Can Profit From .
Saying Goodbye to Ben: On Wednesday, the Federal Reserve announced continued plans to wind down its immense bond-purchasing program. The two-day FOMC meeting was the last with Ben Bernanke chair of the central bank. The Fed will cut its bond-buying program to $65 billion in February, down from $75 billion this month. All 10 voting members of the board approved the plan - a rare Fed occurrence -signaling their desire to exit the program and little concern over weak December employment figures. As Janet Yellen assumes control of the Fed on Saturday, all eyes will be on next Friday's jobs report.

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The post On Wednesday, the Federal Reserve announced continued plans to wind down its immense bond-purchasing program. appeared first on Money Morning - Only the News You Can Profit From.

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