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Economy And The Numbers

Fed Minutes Outline Plans To Begin Scaling Back Asset Purchases

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The Federal Reserve on Wednesday released the minutes of its September monetary policy meeting, shedding some additional light on the central bank's assessment that a moderation in the pace of asset purchases may "soon be warranted."

The minutes revealed participants generally agreed that a gradual tapering of asset purchases that concludes around the middle of next year would likely be appropriate if the economic recovery remained broadly on track.

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