TODAY'S TOP STORIES

Fed Says Tapering Asset Purchases May Be Warranted 'Soon'

Citing progress towards it goals of maximum employment and price stability, the Federal Reserve hinted Wednesday that tapering of the central bank's asset purchases could begin in the near future.

The Fed said in the announcement of its latest monetary policy decision that a "moderation in the pace of asset purchases may soon be warranted" if progress towards its dual goals continues broadly as expected.

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by RTTNews Staff Writer

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