Forex Top Story

Fed Minutes Hint At Patience Regarding Tapering Asset Purchases

With officials still seeing risks to the economic outlook, the minutes of the Federal Reserve's latest monetary policy meeting suggest the central bank will not be in a hurry to begin scaling back its asset purchase program.

The Fed has repeatedly said it plans to continue to its asset purchases at a rate of at least $120 billion per month until "substantial further progress" has been made toward its goals of maximum employment and price stability.

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by RTTNews Staff Writer

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