Economy

US Fed on Track to Reduce Monthly Bond Purchasesi
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Mil Arcega
March 19, 2014 11:34 PM
The U.S. central bank is on pace to reduce its monthly bond purchases by another $10 billion - and interest rates will remain near record lows until the job market approaches something closer to normal. So says Janet Yellen, who held her first news conference Wednesday as head of the U.S. Federal Reserve. Mil Arcega has more.

US Fed on Track to Reduce Monthly Bond Purchases

Published March 19, 2014

The U.S. central bank is on pace to reduce its monthly bond purchases by another $10 billion - and interest rates will remain near record lows until the job market approaches something closer to normal. So says Janet Yellen, who held her first news conference Wednesday as head of the U.S. Federal Reserve. Mil Arcega has more.


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