Bond Purchases by Fed Will Continue, at Least for Another Month – NYTimes.com

As expected, the Fed’s policy-making committee voted to press ahead for now with its campaign to increase job creation. And its statement said nothing about how much longer it would continue to add $85 billion a month to its holdings of mortgage-backed securities and Treasury securities. But the Fed left its economic outlook basically unchanged, suggesting that the central bank still intended to reduce the volume of its purchases later this year.

via Bond Purchases by Fed Will Continue, at Least for Another Month – NYTimes.com.

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