Forex Top Story

Fed Minutes Outline Plans To Begin Scaling Back Asset Purchases

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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by RTTNews Staff Writer

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