When will the Federal Reserve start pulling back on its extraordinary monetary stimulus?
That’s the major question that Fed watchers hope to get an answer for later this afternoon, when the Federal Open Market Committee releases its updated policy decision.
Chatter has been building within the central bank over slowing the pace of its asset purchases.
Since the depths of the COVID-19 pandemic, the Fed has been absorbing about $120 billion a month in U.S. Treasuries and agency mortgage-backed…
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