Fed tapers bond-buying program by another US$10-billion in January

Posted by Ravi Gulati | Posted in Uncategorized | Posted on 30-01-2014

WASHINGTON — The U.S. Federal Reserve on Wednesday announced a further US$10 billion reduction in its monthly bond purchases as it stuck to a plan to wind down its extraordinary stimulus despite recent turmoil in emerging markets.

Fed tapers bond-buying program by another US$10-billion in January | Financial Post.