Latest Updates: Related to Inflation

Fed Says Taper Will Begin this Month, but Timing of Rate Hikes TBD


Fed officials made it official this afternoon at the conclusion of the two-day November FOMC meeting: the taper will begin this month. By reducing the current $120 billion in monthly asset purchases by $15 billion (as expected), new QE purchases should reach zero by next July. Fed officials are prepared to adjust policy as appropriate if risks emerge that impede their goals.


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