The Federal Reserve has committed to beefing up its asset purchases until “substantial further progress” is made on the economic rebound. But Fed officials this week are sending mixed messages on whether or not the next move will be ramping up or winding down its quantitative easing program.
Chicago Fed President Charles Evans said Monday that the central bank will likely maintain its $120-billion-a-month pace of buying mortgage-backed securities and U.S. Treasuries “for a while.”
But…
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