While the Fed will eventually look to slow
the pace of bond purchases, it could subsequently speed them up as well if economic data weakens, he said.
Not exact matches
Last December, the bank announced it would extend its
bond - buying program albeit at a reduced
pace of purchases.
But long - term government
bond yields fell to record lows for many euro area countries after a speech by ECB President Draghi on 21 November, which stressed that the ECB will do what is required to raise inflation and inflation expectation by adjusting the size,
pace and composition
of asset
purchases, if the currently announced policies prove to be insufficient.
With the UK economy gradually picking up
pace and inflation rising on the back
of a weaker currency, the UK's central bank may finally go ahead with a rate hike for the first time in a decade, although it is widely expected to leave the monthly government and corporate -
bond purchases untouched at # 435 and # 10 billion respectively.
And yet there are critics and commentators who are impatient with him and want him to pin down the exact date, time and
pace of a slowdown in
bond purchases.
The Fed recently announced they would continue their current
pace of purchasing bonds until the economy was stronger.
Worse yet, sales have declined for seven out
of the previous eight months, ever since the the Federal Reserve signaled its intent to slow the
pace of its Treasury
bond purchases.