The Federal Reserve stayed the course on tapering its stimulus for the US economy Wednesday, reducing asset purchases by $10 billion for the second month in a row. Amid emerging-market turmoil blamed in part on its stimulus reduction, the Fed, as expected…
The Federal Reserve announced Wednesday it would start tapering its massive stimulus program in January, giving a vote of confidence in the recovery of the US economy and job market. The Fed will buy $75 billion on bonds a month next month, down from…
Is the Federal Reserve ready to put the Great Recession behind it? Is the US economy prepared for it? The markets think so, as the Fed's policy board prepares to meet on Tuesday and Wednesday to decide a momentous step: whether they begin cutting back…
