Wednesday 18 December 2013

Fed decision to taper $10 Billion a month in bond purchases

Fed monetary shifts from bond purchases to forward guidance. U.S. stocks surged on Wednesday, with the Dow making a triple-digit climb, after the Federal Reserve said it would beginning curtailing its monetary stimulus.



from Government - United States - Latest News http://www.prlog.org/12258241-fed-decision-to-taper-10-billion-month-in-bond-purchases.html

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