Federal Reserve Again Cuts Monthly Bond Purchases
The Federal Reserve announced Wednesday another $10 billion cut in its monthly bond purchases in a statement that attributed the decision to “growing underlying strength in the broader economy.”
The statement, published after a two-day meeting of the Fed’s policy-making committee, reflected the optimism of Fed officials that the economy is finally poised for faster growth after years of false starts and setbacks.
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http://www.nytimes.com/2014/01/30/business/federal-reserve-policy-decision.html?emc=edit_na_20140129
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