They also say unemployment and the economy would be a lot worse if the central bank didn't continue its huge monthly bond purchases. (cnbc.com)
The Fed said Wednesday that it was cutting its US$ 85 billion of monthly bond purchases by $ 10 billion starting in January. (moneysense.ca)
The considerable fillip to the U.S. markets provided by tens of billions of monthly bond purchases by the Fed's stimulus program looks likely to be wound down by the coming October; interest rates are predicted to rise shortly thereafter. (indexologyblog.com)