Taper Begins: Fed Cuts QE Pace on Labor...

December 19, 2013

Taper Begins: Fed Cuts QE Pace on Labor Outlook (via Bloomberg TV)

Dec. 18 (Bloomberg) — The Federal Reserve is cutting its monthly bond purchases to $75 billion from $85 billion, taking the first step toward unwinding the unprecedented stimulus that Chairman Ben S. Bernanke put in place to help the economy recover…

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