Fed Officials See Earlier Rate Hikes as US Hiring Recovers
The U.S. job market is nearly healthy enough that the central bank’s low-interest rate policies are no longer needed, Federal Reserve officials concluded last month. Fed officials also expressed concerns in minutes from its December meeting, released Wednesday, that...
What Does the Fed’s Bond-Buying Decision Mean?
Observers say mortgage interest rates will likely rise in the latter half of next year following the Federal Reserve’s announcement that it would begin to taper a massive bond-buying program it started to prop up the economy in the early stages of the COVID-19...
Fed Officials: Bond-Buying Could End by Mid-2022
Federal Reserve officials agreed at their last meeting that if the economy continued to improve, they could start reducing their monthly bond purchases as soon as next month and bring them to an end by the middle of 2022. The discussion was revealed in the minutes of...
Powell: Fed Will Slow Bond Purchases in Q4
The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed’s extraordinary response to the pandemic recession. The Fed’s move...This Week’s Paper: Digital Edition
